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EGX Approves Listing Shares of Nahr Al Khair for Development

The EGX approved the listing of Nahr Al Khair for Development’s shares.

Nahr Al Khair’s EGP 200 million paid capital will be divided over two billion shares at a nominal value of EGP 0.10/share.

The company can be found under the ticker (KRDI), and it will be listed on EGX’s database starting Sunday, January 2nd, 2022.

Trading on the company’s shares will start after publishing the disclosure report for the purpose of trading.

The EGX will also determine the opening price and the first day of trading on “KRDI” once the financial statements and the fair value study are submitted.