Global Telecom Holding pays second tax instalment of $82.3m

Cairo – Mubasher: Global Telecom Holding (GTH) paid the second tax instalment of $82.3 million, head of the Egyptian Tax Authority (ETA) Abdel Azim Hussein said.

Such payment was made at the Egyptian Exchange’s (EGX) premises, according to a statement on Tuesday.

In June, GTH signed a tax settlement deal worth $136 million with the ETA. The amount was paid over two instalments worth $53.7 million and $82.3 million.

It is noteworthy that the EGX’s listing committee on Monday approved the final delisting of GTH’s shares from the market.

Mubasher Contribution Time: 10-Sep-2019 09:34 (GMT)
Mubasher Last Update Time: 10-Sep-2019 09:50 (GMT)