I just received an email from a Law Enforcement officer in France (Chief Inspector). He saw I had this headstamp posted on my website in a list of "Unknowns" . Below is his reply.
This is a contract ammunition made by FIOCCHI for the Marocan Govt. I have seen 2 different boxes, one with the normal bordeaux color, the other one red, typical from FIOCCHI.
Hope it is of any help to you."