Domty’s BoD approves converting up to 33% of its shares into GDRs
Arabian Food Industries’ (Domty) [DOMT.CA] Board of Directors (BoD) has approved converting up to 33% of the company’s shares into global depositary receipts (GDRs). The decision is still subject to general assembly approval. (Al Mal) Domty: EGP8.69 as of 5 June 2016, Rating: Buy, FV: EGP12.65 per share, MCap: USD277 million, DOMT EY / DOMT.CA
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