(2018-03-20) Aabar Investments exits Palm Hills for LE525.3 m Palm Hills Developments S.A.E. (“PHD” or “the Company”) (EGX: (PHDC) ) announced in a statement sent to EGX, Up P Capital Investment has purchased 128.1 million shares in the company, to raise its stake to 16.51%.
On the other side, Aabar Investments has sold 128.1 million shares to exit from the company, worth LE525.3 million.