MNT-Halan Parent Opens Share Subscription at EGP 24.50

Subscription for shares in MNT Tech Holding for Financial Investments opened on Wednesday, drawing investor attention to the company behind MNT-Halan’s operations in Egypt.

The offering is priced at EGP 24.50 per share, setting the entry price for investors taking part in the subscription.

MNT Tech Holding is the company bringing the offering to market, while MNT-Halan is the name associated with its business in Egypt.

The launch was billed as topping major stock market offerings by a margin of EGP 2 billion. However, the available announcement did not specify the basis for that comparison or provide the total value of the offering.