Cairo – Mubasher: The Egyptian Exchange (EGX) said Wednesday that it has received a disclosure report from Madinet Nasr Housing and Development regarding proceeding with the listing of the company's post-capital increase shares.
The bourse is studying the received documents to submit them to the Listing Committee, according to a bourse filing.
Last March, the company’s extraordinary general meeting (EGM) approved to raise the authorised capital to EGP 5 billion and increase the issued capital from EGP 500 million to EGP 1 billion.