Egypt's Pioneers considers converting some shares to GDRs: statement

Reuters , Wednesday 29 Jun 2016

 Egypt's Pioneers Holding (PHC) has called a general assembly to discuss converting some of its shares into global depositary receipts (GDRs), the firm said in a bourse statement on Wednesday.

Pioneers specialises in market research and brokerage services but also has investment arms in real estate, industry and financial services.

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