Rimco Investments has purchased around 474,000 shares in Suez Cement (HeidelbergCement Group) raising its shareholding from 8.85 to 9.11 per cent.

The total value of the deal was EGP3.79m (US$228,000) at an average price of EGP8/share. The Suez Cement Co includes the plants of Suez, Kattameya, Tourah and Helwan in Egypt.

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