Heibco Management To Study To Participate Or Establish A Real Estate Investment Fund

HEIBCO FOR COMMERCIAL INVESTMENTS AND REAL ESTATE DEVELOPMENT EGX:HBCO:

• HEIBCO- BOARD APPROVES, IN PRINCIPLE, TO ASSIGN EXECUTIVE MANAGEMENT TO STUDY TO PARTICIPATE OR ESTABLISH A REAL ESTATE INVESTMENT FUND

• HEIBCO- EXECUTIVE MANAGEMENT TO PREPARE A COMPREHENSIVE FINANCIAL, LEGAL, AND TECHNICAL STUDY TO BE PRESENTED TO BOARD