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    IRC data includes ICS (an associate) but not IVL (an associate), a listed entity, whose relevant information is available on www.indoramaventures.com

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    News
    February 17th, 2007

    Agreement to sell Misr Shebin El-kom Company to Indorama

    Excerpts from Al-Ahram
    The Ministry of Investment and the Textile Holding Company announced its agreement for selling the assets of Misr Shebin El-kom company for spinning and weaving to Indorama Shebin Textiles Co. SAE, pursuant to the Extra Ordinary General Assembly resolution of the Holding Company its meeting held on 1 October 2006.

    The assets of Misr Shebin Co. for Spinning and Weaving has been handed over to the core investor, Indorama Shebin Textiles with effect from 15 February 2007.