Cairo – Mubasher: The Egyptian Stock Exchange (EGX) on Thursday said it was examining the documents by Arabian Food Industries “Domty”, which seeks to raise its capital.
The capital boost amounts to EGP 6.52 million divided on 32.6 million shares at par value of EGP 0.20 per share in addition to an issue premium of EGP 9 per share to be paid in cash, the EGX said in a statement on its official website.
The dairy firm submitted a request to increase its capital from EGP 50 million to EGP 56.52 million.
Domty’s consolidated net profits grew to EGP 128.7 million in 2015, from EGP 28.3 million in 2014.
