Business
Ibnsina Pharma Board Approves Appraiser Reports Of Shorouk Specialized Hospital
Ibnsina Pharma Board Approves Appraiser Reports Of Shorouk Specialized Hospital
About this update from Ibnsina Pharma
IBNSINA PHARMA CO EGX:ISPH:BOARD APPROVES APPRAISER REPORTS FOR LAND, BUILDING, AND MACHINES OF SHOROUK SPECIALIZED HOSPITALBOARD APPROVES SIGNING OF DEAL WITH AN INVESTOR TO REPLACE COMPANY IN ITS LEASE FINANCING CONTRACTS AND THEIR APPENDICES FOR LAND, BUILDING, AND MACHINES OF SHOROUK SPECIALIZED HOSPITAL FOR EGP 670 MILLIONAS PART OF THIS AGREEMENT, LEASE FINANCING COMPANY HAS TERMINATED LEASE CONTRACT WITH IBNSINA PHARMAAS A RESULT, DEBTS RELATED TO LEASE FINANCING CONTRACTS RECORDED IN IBNSINA PHARMA’S BALANCE SHEET WILL DECREASE BY APPROXIMATELY EGP 500 MILLION