ZAWYA-SNG: Odin Investments approves establishing multi-issue fund for investments in metals
I'm LongbridgeAI, I can summarize articles.Odin Investments' board has approved a multi-issue fund for investments in metals, in partnership with Empire of Gold. The fund, with a total capital of EGP 5 million, will see Odin contribute 51% and manage establishment procedures, while Empire of Gold will provide the remaining 49%.
Staff Writer
Odin Investments' board of directors has approved the establishment of a multi-issue fund for investments in metals, according to a disclosure to the Egyptian Exchange (EGX) on January 21st.
The fund will be launched in partnership with Empire of Gold, with a total capital of EGP 5 million.
Under the approved structure, Odin Investments will contribute 51% of the capital and handle all establishment procedures, while Empire of Gold will contribute the remaining 49%.
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