
HCCD studies exit from companies with less than 5% ownership
Six HCCD subsidiaries will be merged into three companies, says Chairperson Abu El-Atta
Six HCCD subsidiaries will be merged into three companies, says Chairperson Abu El-Atta
Actual start of development plan is expected in September: sources
The plan includes clear mechanisms and action plans for the HHD’s development based on self-resourcing. It will also include partnership agreements with some developers to exploit a portfolio including plots of land, similar to the agreement signed with SODIC to develop 650 feddan in New Heliopolis.
New board follows resignation of all previous members earlier in April
Company in process of forming new board as soon as possible, says HCCD chairperson
HCCD revenues reach EGP 1bn, while net profit stands at EGP 725m in FY 2017/18
Company aims to increase business value to EGP 20bn by end-next FY, says chairperson