EKHO denies recent news about establishing new HFD/MDF wood complex
Egyptian Kuwaiti Holding (EKHO) [EKHO.CA] denied recent news about establishing a new HFD/MDF wood complex. The company added that establishing the new wood complex is just a preliminary idea that will undergo feasibility studies. Finally, the release mentioned that there will be further announcements if the project proves to be feasible. (Company release) Egyptian Kuwaiti Holding: USD0.58 as of 07 December 2016, Rating: Buy, TP: USD0.80 per share, MCap: USD594mn, EKHO EY / EKHO.CA
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