Egypt stock exchange suspends Palm Hills shares

Reuters , Monday 1 Dec 2014

Egypt's stock exchange has suspended shares of Palm Hills for ten minutes, after the firm announced 1.7 billion Egyptian pounds ($237.76 million) in planned investments next year, according to a statement on the bourse website on Monday.
 
Palm Hills, which is involved in about 18 development projects including apartments and luxury villas, is the country's second-largest real estate developer. 
 
Short link: