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» Invitation to attend the AGM willbe held on Saturday 19/5/2012      » Approval and the Extraordinary General Assembly to increase capital     

Shares in joint ventures

 
Company name Paid in Capital Share nominal value No. of shares Contributionof MHC No. of shares of MHC MHC's share
Abo Dhabi company for Touristic Investment 248 million L.E 100 Per share 2480000 Share 2,72 % of paid in capital 67500 Share 6.750 million L.E
Ismailia Company for Tourism 28,92 million L.E 10 Per share 2892000 Share 9,8% % of paid in capital 284630 Share 2.846 million L.E
Misr Aswan company for Tourism 52,4 million L.E 10 Per share 5240000 Share 3,68 % % of paid in capital 193001 Share 1.930 million L.E
Rowad El-Wahat company for Tourist development 25,5 million L.E 1000 Per share 25500 Share 3,92% % issued and paid in capital 1000 Share 1 million L.E
Misr Sinai for Tourism 75 million L.E 100 Per share 750000 Share 1,5 % % of paid in capital 11250 Share 1.125 million L.E

Abu Dhabi Company for Touristic Investment

MHC's contributions percentage in this company is 2.72% from the paid in capital.

The most important project of the company:

The company owns 3 hotels managed by Sofitel (The Management company), which are:

1- Sofitel Sphinx Hotel (5 stars)

2- Sofitel Chorale Hotel Hurgada (5 stars)

3- Sofitel Chorale Hotel Sharm El-Sheikh project (5 stars)

New Ismailia company for Tourist investment

MHC's contribution percentage in this company is 9.8% from the paid in capital.

The most important project of the company :

1- Palma Abo Sultan Hotel – Ismailia.

2-Venecia Abu Sultan project.

3-Project "kabreet El-Bahara" land.

Misr Aswan Company for Tourism

MHC's contributions percentage in this company is 3.68% of the paid in capital.

The most important project of the company :

1- Tut Amoun village in Aswan.

2- Nefertari Hotel – Abu Simbel – Aswan Government.

Rowad El- Wahat company for Tourist Development:

MHC's in this company is 3.92% of the paid in capital.

The most important project of the company :

1- Pioneers Hotel El- Wahat El-Kharga

2- Naser Wells Camp

Misr Sinai Company for Tourism

MHC's contribution percentage in this company is 1.5% of the paid in capital.

Most important projects owned by the company :

1- Saint Cathrine village, Taba

2- Sedr Tourist village

3- Tourism Transport project

4- Pharaoh island project ( Salah El-Din Castle Hotel – Taba )

 
 
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