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CGI : The CDVM approves the information memorandum concerning the Public Withdrawal Offer (PWO)

On 4 June 2015 the CDVM approved the prospectus regarding the mandatory PWO for CGI shares on the initiative of CDG Développement.

As a reminder, this operation to delist CGI trading on the Casablanca stock exchange was approved by the board of CGI on 22 October 2014 after consideration of the request from the Minister of the Economy and Finance. Accordingly, the same day the board of CDG Développement decided to launch a Public Withdrawal Offer (PWO) regarding all CGI shareholdings not held by CDG Développement and by CDG.

SAZ : Signature of an agreement for NIF with FDA

Co-financing by the French Development Agency (FDA) and the European Investment Bank (EIB) for the Zenata Development Company (Société d'aménagement de Zenata - SAZ) enabled the approval of a grant from the European Commission, its management delegated to the FDA.

MEDZ : Participation in the Gartner Summit

As part of its commercial action plan and its efforts to promote Moroccan offshoring, the MEDZ subsidiary of CDG Group took part in the Sourcing and Vendor Relationship Strategic Summit on 1-2 June 2015 in London.

FIPAR Holding sign an agreement with Bel Group on the divestment of FIPAR Holding’s entire stake in the Safilait company

On 28 May 2015, Fipar-Holding and Sopar signed an agreement with the Bel Group for the divestment of their 69.82% stake in Safilait. The Kettani family, represented by the Yasfi company, retains a 30.18% stake in Safilait. 

The agreement is subject to various conditions, including approval by the Competition Council and the ruling of the Ministry of the Economy and Finance for the stake held by Fipar Holding. The parties expect to obtain those agreements during the third quarter of 2015.

FIPAR Holding sign an agreement with Bel Group on the divestment of FIPAR Holding’s entire stake in the Safilait company

On 28 May 2015, Fipar-Holding and Sopar signed an agreement with the Bel Group for the divestment of their 69.82% stake in Safilait. The Kettani family, represented by the Yasfi company, retains a 30.18% stake in Safilait. 

The agreement is subject to various conditions, including approval by the Competition Council and the ruling of the Ministry of the Economy and Finance for the stake held by Fipar Holding. The parties expect to obtain those agreements during the third quarter of 2015.

CDG and CDC Senegal sign a memorandum of understanding with a view to studying the repurposing of the site of the current Léopold Sédar Senghor International Airport as a new urban centre integrated with the city of Dakar

On Monday, 25 May 2015 in Dakar, as part of the current Royal Tour in Africa and before His Majesty King Mohammed VI, may Allah glorify and assist him, and His Excellency the President of the Republic of Senegal, Mr. Macky Sall, the Caisse de Dépôt et de Gestion of Morocco and the Caisse des Dépôts et Consignations of Senegal (CDC Senegal) signed a Memorandum of Understanding with the aim of repurposing the site of Dakar’s current Léopold Sédar Senghor International Airport as a major new urban centre integrated into the city of Dakar.

SDS : Partner in the 4th Oriental Legend Pro Am Golf Tournament

Saïdia Golf Club hosted the 4th Oriental Legend Pro Am Golf Tournament between 22-25 May 2015. At this event, organized by Mr. Abdelatif Benazzi in partnership with the SDS, 18 Moroccan and overseas players participated in the tournament.

The event took place over two days and was marked by the presence of many personalities from the worlds of sport, the arts and the media, including the well-known journalist and writer Patrick Poivre d’Arvor.

CDG and CDC Senegal sign a memorandum of understanding with a view to studying the repurposing of the site of the current Léopold Sédar Senghor International Airport as a new urban centre integrated with the city of Dakar

On Monday, 25 May 2015 in Dakar, as part of the current Royal Tour in Africa and before His Majesty King Mohammed VI, may Allah glorify and assist him, and His Excellency the President of the Republic of Senegal, Mr. Macky Sall, the Caisse de Dépôt et de Gestion of Morocco and the Caisse des Dépôts et Consignations of Senegal (CDC Senegal) signed a Memorandum of Understanding with the aim of repurposing the site of Dakar’s current Léopold Sédar Senghor International Airport as a major new urban centre integrated into the city of Dakar.

MEDZ : Participation in the European Shared Services and Outsourcing Week

As part of its promotional activities for Offshoring and Destination Morocco, MEDZ participated in the 15th Annual European Shared Services & Outsourcing Week, organized by IQPC (International Quality & Productivity Center), a world leader in events dedicated to Shared services centres (SSC).

SDS : Workshop for Saidia travel agents/hoteliers

As part of the annual agreement on joint tourist promotion and development activities for Saidia in 2015, the Moroccan National Tourism Board and the Saidia Development Corporation (Société de Développement Saïdia - SDS), in partnership with the National Tourism Confederation, held a workshop for Saidia’s travel agents and hoteliers at the Hotel Kenzi Tower in Casablanca on Tuesday 19 May last year.

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