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HomeNewsTunisia: Poulina’s Partner Investment acquires 15% of SITS for 5.4 MD

Tunisia: Poulina’s Partner Investment acquires 15% of SITS for 5.4 MD

The company Partner Investment acquired 15.09% of the capital of the company SITS (Tunisian-Saudi Real Estate Company), as of November 24, 2020, announced the Tunis Stock Exchange.

The transaction was carried out through the realization of two block transactions involving 2,354,437 shares at a price of 2,300 dinars, for a total amount of 5.4 million dinars.

The company Partner Investment, created by Poulina Group Holding (PGH), already holds more than 20% of the capital of the SITS.

Moreover, at the request of the Financial Market Council (CMF), the listing of SITS securities is suspended for the day of Wednesday, November 25, 2020.

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