Cleopatra Hospital Company (CLHO.CA) clarified in a bourse statement that the Investors Disputes Settlement Center had notified the River Transport Authority on 27 October that NBH is subject to Egypt’s Law of Investment  Guarantees and Incentives, where article No. 9 of the Law stipulates that “it is forbidden to take an administrative decision to apply guardianship, freeze, or confiscate the funds or premises of any company subject to the investment law”. The notification was sent in response to NBH’s request to the settlement centre. Accordingly,  the disputes settlement centre requested the River Transport Authority to halt any procedures against NBH, until  the matter is introduced to the Ministerial Committee for Resolution of Investment Disputes, and a verdict is reached. Last month, Cleopatra Hospital Company had falsified in a disclosure what was mentioned in some media outlets that NBH received notice for paying an EGP38mn fine for the land dispute, where NBH had also clarified that the matter is being handled in the Investors Disputes Settlement Center, as mentioned in the IPO prospectus. (Company disclosure)   Cleopatra Hospital Company (CHC): EGP9.79 as of 02 November 2016, Rating: Buy, FV: EGP11.70 per share, MCap: USD176mn, CLHO EY / CLHO.CA