Cairo – Mubasher: Al Baraka Bank – Egypt said Sunday that it will hold its ordinary general meeting (OGM) on 29 March to discuss the dsitribution of bonus shares at 15% of the capital, equivalent to a 0.15 bonus share for every ordinary share, for fiscal year 2016.
The OGM will also look into the board and auditor’s reports on the year which ended on 31 December 2016, according to a bourse filing.
Last Wednesday, the listing committee of the Egyptian Exchange (EGX) approved the publishing of the company's disclosure regarding the increase of the company’s issued capital from EGP 1.10 billion to EGP 1.26 billion via distributing bonus shares.
