NEWS

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HC Acted as the Exclusive Financial Advisor to MEG Misr for Glass on its acquisition of 100% of the share capital of Misr Glass Manufacturing Company.

January 19th, 2016 – HC Securities & Investment (www.hc-si.com) is pleased to announce it has successfully acted as the exclusive financial advisor to MEG Misr for Glass S.A.E., a fully owned subsidiary of Middle East Glass Manufacturing Company (“MEG”) (MEGM.CA) (www.megglass.com) on the acquisition of 100% of the share capital of Misr Glass Manufacturing Company S.A.E....

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HC Starts its Expansionary Plan with 3 Branches in Cairo & Suhag

May 6th 2015 –Hussein Choucri: “We attempt to widen the outreach of our services to meet our clients’ needs in addition to extending our financial services to the retail sector” Reflecting its expansionary vision, HC securities and investment organizes a press conference to announce the launch of 3 new HC Brokerage branches in Cairo &...

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Shawkat El Maraghy wins a seat in the “Investor Protection Fund” board

November 4th, 2014 – Seif El Din Awani – Managing Director at Wedyan  & Shawkat El Maraghy, Managing Director at HC won in the investor protection fund elections. The investor protection fund election’s commission has declared that Seif El Din Awani – Managing Director at Wedyan  & Shawkat El Maraghy, Managing Director at HC won the...

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HC Brokerage ranked third in 2013

January 15th, 2014 – HC Brokerage ranked third in 2013 HC Brokerage was ranked the third among Egyptian brokerage firms in 2013 with a total market share of 6.3% in terms of traded values. HC was also ranked the first in terms of value traded in OTC market in 2013 with total market share of...

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HC raised LE 260 million for “Ataqa Steel”

January 12th, 2014 – HC has successfully managed the IPO of 10% of Misr National Steel Company “Ataqa” shares in the Egyptian Exchange Market. The IPO offered 3 million shares at a total value of almost LE 60 million.According to statements issued by the Egyptian Exchange after the closing of the Offering on Thursday January 9th, the...

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HC Brokerage ranked first by deals traded volume, 2Q 2013

July 2nd, 2013 – HC Brokerage ranked first by deals traded volume , 2Q 2013, executing transaction worth 9.75 Billions EGP through 23500 transaction , this lead comes as a result for executing major deals such as BNP Paribas and Edita food industries deals.Shawkat El Maraghy ,Managing director at HC Brokerage commented that the firm is looking...

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HC Reports : A safe haven

March 10th, 2013 – Political turmoil did not end by 2H12 as expected; developers still face litigation risk and lack of clear regulatory framework. Nevertheless, the factors at play ended up benefitting the real estate sector; pent-up real demand and fear of devaluation and inflation are the main demand drivers. HC sticks to their stock selection criteria but...

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HC Celebrates the Graduation of 22 Students of HC School Program

 January 21st,  2013 – HC Securities & Investment celebrated the graduation of the second class of students from HC School’s Training Program for 2012. The program sponsored by the company as a part of its initiative to provide graduates with the necessary skills to work in financial services industry.The School Training Program is part of HC’s community...

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HC Advised Hikma for Pharmaceuticals on the Acquisition of Egyptian Company for Pharmaceuticals & Chemical Industries (“EPCI”)

January 9th, 2013 – HC Advised Hikma for Pharmaceuticals on the Acquisition of Egyptian Company for Pharmaceuticals & Chemical Industries (“EPCI”) Hikma Pharmaceuticals agreed to buy Egyptian Company for Pharmaceuticals & Chemical Industries for about $22.2 million in cash to strengthen its position in the Egyptian market. Hikma Press Release Coverage on “Online.wsj.com” Coverage on “Bloomberg” Coverage...

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HC Expects a Growth of Eastern Company’s FCF CAGR of 38%

December 19th 2012 – HC stated in its report issued by the Research Department on December 9th 2012, that the Eastern Company (EC) will resume coverage with an Overweight rating and TP of EGP117.3/share, which implies a 22% potential return. HC expected a FY13–17e FCF CAGR of 38% and an average FCF yield of c17% and...