The company Excem will begin trading on the Alternative Stock Market (MAB) on 19th July at a price of 1.40 euros, which means that the total value of the company will be 17 million euros.
With all this, Excem becomes the thirteenth company to join MAB so far this year.
As a preliminary step, the MAB board of directors has approved the incorporation of the company after analysing the information submitted by the company and after issuing the favourable evaluation report of the Coordination and Incorporation Committee.
Excem SIR is a patrimonialist company whose main activity is the investment in urban properties of residential qualification (individual houses, segregated floors, and buildings) that, after their reform and decoration, are destined to the rent of their rooms to students and young professionals.
VGM Advisory Partners is the Registered Advisor and GVC Gaesco Beka will act as the Liquidity Provider.
Replicated by finanzas.com