Eastern Co. BoD puts plans to develop/dispose of utilised land until after stake sale
Eastern Company’ new Board of Directors (BoD) agreed to postpone decision-making regarding unutilised real estate assets until the company successfully completes the 4.5% government stake sale as well as improves exports. These assets include 200k sqm of land divided over six plots of land (three vacant). Eastern Company: EGP17.80 as of 15 Nov. 2018, MCap: USD2,242mn, EAST EY/EAST.CA
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