Abu Qir Fertilizers to discuss capital hike, stock split Thursday

Cairo – Mubasher: Abu Qir Fertilizers' board of directors will meet on Thursday, 6 April, to discuss raising the capital via distributing 0.5-for-1 bonus shares, the company said on Wednesday.

The board will also discuss splitting the nominal value of the company’s stock at a 1 to 10 ratio, according to a bourse filing.

Additionally, the board will look into amending Article 7 of the company’s statute.

Mubasher Contribution Time: 05-Apr-2017 09:02 (GMT)
Mubasher Last Update Time: 05-Apr-2017 09:15 (GMT)