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28-Jan-2016

Arabian Cement’s court session postponed to 26 March 2016

Arabian Cement Company (ARCC.CA) announced that the court session for the lawsuit filed against the company by Faiq Borini, one of the company’s shareholders, had been postponed to 26 March 2016 from 26 January 2016. The case is related to the decisions which were taken during the company’s AGM in September 2015. (Company disclosure)   Arabian Cement (Egypt): EGP8.00 as of 27 January 2016, Rating: Buy, FV: EGP17.25 per share, MCap: USD387 million, ARCC EY / ARCC.CA

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