Orascom Construction PLC (DIFX:OC) will evaluate acquisition of an equipment distribution and services business in Egypt. Management’s proposal to evaluate potential acquisition, through company’s subsidiaries, of a shareholding percentage of up to 100% of capital of Orascom Trading Company (s.a.e), National Equipment Company (s.a.e) and Orascom Free Zone - Onsi Sawiris and Partners. Acquisition would allow Orascom Construction to expand its footprint in services sector. Target company is sole agent for a diverse portfolio of blue-chip equipment that is highly-demanded in Egypt. a third-party independent financial advisor (ifa) is mandated to evaluate target company. appointment of HLB for financial consultancies on securities (s.a.e.) as an independent financial advisor.