Ezz Dekheila clarifies the legal position of 29 acresVisits : 79

Ezz Dekheila clarifies the legal position of 29 acres

Ezz Dekheila Steel - Alexandria confirmed that its legal position regarding the purchase of a plot of 29 acres in 1999 is sound.

The company said in a statement to the Egyptian Stock Exchange today, in response to the publication in one of the websites under the title "bleeding company Dekheila in the corridors of the courts and a new lawsuit reveals the crisis and the company threatened to lose 29 acres for failing to register a 20-year-old contract and 3 defenses lead to the loss of 450 million pounds, which includes Waste of shareholders rights that there is no validity of the publication in this regard.