The Egyptian Exchange Listing Department announced that it has received an application to list the shares of the Egyptian Company for Pipes and Cement Products “Siegwart” on the main market, with an issued capital of EGP 1.2 billion, distributed over 120 million shares, at a nominal value of EGP 10 per share.
This step comes as part of Siegwart’s efforts to strengthen its institutional presence and support its growth and expansion plans, in line with Egypt’s wider strategy to stimulate the capital market, enhance the public offerings program, and provide broader opportunities for strong national industrial companies.
According to the EGX daily report, Siegwart’s listing application is currently under review by the Listing Department, with the required documents and procedures being completed before submission to the Listing Committee for final approval, in accordance with applicable rules and regulations.
In the same context, the Egyptian Exchange also received listing applications from several new companies on the main market, including El-Nahda for Industries, Egyptian Ferro Alloys, El Nasr Mining, Alexandria Refractories, and El Nasr Glass & Crystal, with total issued capital approaching EGP 2 billion.
These applications reflect growing interest among national companies in joining the Egyptian capital market as a key platform for institutional growth, expanding ownership bases, strengthening transparency and governance, and supporting the national economy.
Siegwart continues its journey as one of Egypt’s leading national manufacturers of specialized concrete products, supporting infrastructure, transportation, and railway projects while contributing to major national projects in accordance with the highest standards of quality and efficiency.
Siegwart.. Egyptian Manufacturing with Global Standards