SODIC

No intention to delist SODIC from EGX after acquisition: Managing Director

Magued Sherif, Managing Director of SODIC, said that the UAE consortium of Aldar Properties and ADQ has requested the acquisition of a majority stake in SODIC, stressing that there is no intention to…
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Aldar-ADQ consortium submits MTO to acquire Egypt’s SODIC

A consortium comprising Aldar Properties and ADQ has submitted an all-cash mandatory tender offer (MTO) to acquire up to 90% and a minimum of 51% of the outstanding share capital of Six of October…
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SODIC says a new location proposed for New Zayed project

Six of October Development and Investment (SODIC) has received a letter from the Sheikh Zayed City Development Authority, stating that a new location for its new project in New Zayed has been proposed…
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SODIC closes first securitisation bond issuance worth EGP 343m

Six of October Development and Investment (SODIC) announced that its wholly-owned subsidiary SODIC for Securitization closed its first securitisation bond issuance of EGP 343 million
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Hassan Allam Properties increases stake in SODIC

Hassan Allam Properties raised its stake in Six of October Development and Investment (SODIC) to 5 percent from 4.91 percent.
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