CAIRO, Dec 4 (Reuters) - A private share placement by Egypt’s Rameda Pharmaceutical on the Egyptian stock exchange was covered 1.17 times, the company said in a statement on Wednesday.
Rameda had offered 49% of its shares on the exchange in two tranches. A 5% stake was being sold to small investors in a public offering, with the remainder offered to private investors. (Reporting by Ehab Farouk Writing by Aidan Lewis Editing by Patrick Werr)
