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Oil & Gas

Enppi’s IPO to take place towards the end of this year

Enppi
Posted: February 23, 2018 at 3:43 pm   /   by   /   comments (0)

Enppi

The listing of state energy firm Enppi will take place towards the end of the year, said CEO Mohamed Hathoot. He tells Al Borsa that the company now is working on listing procedures with NI Capital. A number of people involved in the transaction, including the Chairman of CI Capital, which advising on the transaction, has said the ministerial committee supervising the state IPO program has given the green light to the share sale. Investment Minister Sahar Nasr had previously said that Enppi’s IPO will take place in 1Q2018.

(Source: Enterprise.press)