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Sodic chairman steps down

Cairo, May 10, 2011

Sixth of October Development and Investment Company (Sodic), the third biggest listed property developer in Egypt, said its chairman Magdy Rasekh, has resigned from the company's board.

In a statement to the Egyptian Stock Exchange, Sodic said the resignation will be put up for discussion at the upcoming board meeting.-TradeArabia News Service




Tags: Sodic | resign | Egyptian developer |

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