OTMT plans EGP2.0 billion investments over three years
OTMT [OTMT.CA] has announced its plan to invest EGP2.0 billion over three years. The investments will focus on the logistics, energy and waste management sectors in the local market. The company’s Deputy CEO, Tamer Al Mahdy announced that the logistic centres will be used for fruit, vegetable and seed storage and will be set up across various governorates including Upper Egypt. (Al Borsa) OTMT: EGP0.52 as of 17 January 2016, Rating: Sell, FV: EGP0.53 per share, MCap: USD348 million, OTMT EY / OTMT.CA
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