Cairo – Mubasher: The board of Egypt Gas recommended a cash dividend distribution of EGP 24 million for 2017.
Dividends will be distributed over about 24 million shares, or EGP1 per share, after raising the company’s capital to EGP 240 million from EGP 120 million.
Egypt Gas’ capital before the increase amounts to EGP 120 million distributed over EGP 12 million shares at a par value of EGP 10 per share.
