Cairo – Mubasher: Elsaeed Contracting and Real Estate Investment Company’s ordinary general meeting (OGM) has approved to distribute treasury stocks in the form of bonus shares.
The OGM also adopted the financial statements for the year ended 31 December 2016, in addition to the board's and auditors' reports on the year, according to a bourse filing.
Elsaeed Contracting’s treasury stocks amount to about 17 million shares, equivalent to 2.56% of the capital.
