Riqueza
for Financial Consultancy advices and guides companies regarding the terms and
conditions of registration in the stock exchange; ensures that the company is
aware of its registration obligations, assists the company in preparing the
financial statements, submits them on time and provides companies with research
coverage under our sponsorship
Who are the authorized sponsors?
Authorized
sponsor is
one of the companies specialized in providing financial consultancy and its
role is limited to qualify companies to register in Nile Stock Exchange, to be
prepared for the process of offering shares in the stock exchange, in addition
to training the employees of the company on registration and disclosure rules,
and how to commit thereto.
Note: Industrial
Modernisation Centre shall pay a percentage of the costs of the authorized
sponsor for industrial companies.
Authorized
sponsor Tasks
- To estimate if the
company is qualified to be registered in Nile Stock Exchange.
- To provide advice and
guidance to the company regarding the conditions and rules of registration in
Nile Stock Exchange.
- To ensure that the
company understands its obligations to be registered in stock exchange.
- To help the company
prepare and submit the financial statements in time.
- To help the company
complete all registration procedures.
- To help the company
with the process of offering shares for subscription, whether public or
private.
About Nile Stock
Exchange
Nile Stock Exchange is the first market to finance small and medium-sized
enterprises in the Middle East and North Africa. It provides the companies
with easy financing.
Nile Stock Exchange
importance for
small and medium-sized enterprises and advantages of transformation to a Joint
stock company
The development of small
and medium-sized enterprises through transformation into joint stock companies
registered in stock exchange, which boosts their ability to meet the challenges
of economic changes and developments and to be protected from stumbling and
collapse, in addition to other advantages provided by Nile Stock Exchange,
which can be summarized as follows:
1-
To obtain long-term financing to develop the company's business
through increasing its capital and offering part of its shares for
subscription.
2-
Stronger position before customers, suppliers and banks.
3-
To determine the fair value of the company and protect it from
fragmentation in future generations
4-
To protect partners' rights and facilitate their withdrawal in the
case of their desire to do so in accordance with fair value.
5- To facilitate mergers
and consolidation of small businesses, in order to create more competitive
entities.