Cairo – Mubasher: Egyptian Financial and Industrial (EFIC) said the ordinary general meeting of its 99% owned subsidiary - Suez Company for Fertilizer Production – approved cash dividends of EGP 30 million.
EFIC noted that it will account for 99.86% of the dividends distributions of its unit.
Earlier, EFIC said it will offer either selling 40% of Suez Company for Fertilizer Production to strategic investor or it will float the same stake on the Egyptian Exchange.
