Cairo Poultry’s shareholders approve capital top-up

Cairo – Mubasher: The ordinary general meeting of Cairo Poultry gave the green light to increasing capital by 10% of paid-in capital.

The company raised capital by distributing dividends at EGP 34.83 million ($4.44 million) in the form of bonus shares, equivalent to 1-for-10 bonus share distribution.

The extraordinary general meeting agreed on increasing the company’s issued and paid-in capital to EGP383.2 million from EGP348.3 million. 

Mubasher Contribution Time: 28-Mar-2016 10:37 (GMT)