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English news

05-Dec-2018

CHG BoD green-lights hospital acquisition, 50-bed hospital leasing agreement; plans to set up pharma company

Cleopatra Hospitals Group’s (CHG) [CLHO.CA] BoD approved the acquisition of Al Katib Hospital and the signing of a long-term leasing agreement of a 50-bed specialist hospital in East Cairo. The BoD has also approved the establishment of a pharmaceutical company under the name “CHG Pharma” with a paid-in capital of EGP250mn.

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