Egyptian fertilizer and construction group Orascom Construction (ORSCY.PK) will spin off its...

|About: Orascom Construction Ind... (ORSCY)|By:, SA News Editor

Egyptian fertilizer and construction group Orascom Construction (ORSCY.PK) will spin off its construction unit to trade as a separate public entity. Investors will end up with one share in both companies for every Orascom share they currently own. The Egyptian stock market opens in 15 minutes.