MBH with Bonyan for Development and Trade on IPO
Matouk Bassiouny & Hennawy (MBH) advised real estate investment company Bonyan for Development and Trade, on its IPO and listing of its shares on the Egyptian Exchange (EGX) under the ticker BONY.CA. The IPO raised approximately EGP 1.8 billion.
Trading of the company’s shares began on Tuesday at an opening price of EGP 4.96 per share, with the offering representing approximately 21% of Bonyan’s share capital.
The MBH team
Partner and head of capital markets Mohamed Abdelfattah (pictured) led the MBH team on the matter, working with counsel Mohamed Galal, senior associates Mohamed Qabel and Farid Ismail, as well as associate Mohamed Hany.
