Cairo – Mubasher: Elsaeed Contracting and Real Estate Investment Company’s extraordinary general meeting (EGM) has approved to raise the issued and paid-up capital from EGP 665.29 million to EGP 709.65 million via distributing bonus shares after writing off the remaining incentive stock.
Furthermore, the EGM has agreed to amend articles number 6 and 7 of the statute, a bourse filing said on Monday.
The stock stood at EGP 0.71 on Sunday.
