EGX reviews Kima capital hike documents

Cairo – Mubasher: The Egyptian Exchange (EGX) said Thursday that Egyptian Chemical Industries (Kima) has submitted the documents to raise its issued capital from EGP 2.8 million to EGP 2.96 million.

The stock market added that it is reviewing the documents to submit them to the Listing Committee, according to a bourse filing.

In another statement, the company said that it will submit a recommendation to the extraordinary general meeting (EGM) to distribute 0.026 bonus shares for each ordinary share.

Mubasher Contribution Time: 04-May-2017 10:56 (GMT)
Mubasher Last Update Time: 04-May-2017 10:56 (GMT)