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02-Feb-2016

GB Auto wins contract to supply 150 buses to Public Transport Authority

GB Auto (AUTO.CA) won a bid to supply 150 buses to the Public Transport Authority in Cairo. The company will start delivering the buses by 3Q2016, according to Ahmed Fathy, VP of Sales, who added that the buses will be Marco Polo models. (Al Mal)   GB Auto: EGP2.57 as of 01 February 2016, Rating: Buy, FV: EGP5.00 per share, MCap: USD360 million, AUTO EY / AUTO.CA

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