PFA acquired 8.08% stake in Electro Cable Egypt (CASE:ELEC) from Al Wadi Consultants for approximately EGP 120 million on January 2, 2022. PFA acquired 285 million shares of Electro Cable Egypt. Al Wadi Consultants stake will reduce from 17.2% to 9.22%.

PFA completed the acquisition of 8.08% stake in Electro Cable Egypt (CASE:ELEC) from Al Wadi Consultants on January 2, 2022.