El Obour Real Estate Investment (CASE:OBRI) announced a private placement of 30,015 shares at a price of LE 8.68 per share for gross proceeds of LE 260,537 on May 17, 2018. The transaction included participation from individual investor Mohamed Bin Youssef Bin Khalaf ElSauit who will acquire 1.41% in company's stake post transaction from 0.9%.