Cairo - Mubasher: Elsaeed Contracting and Real Estate Investment Co. will hold both its ordinary and extraordinary general meetings on 28 August, to discuss increasing issued capital from EGP 566.25 million ($63.76 million) to 665.34 million ($74.92 million).
In the meeting the company will decide whether to uphold or cancel its pervious decision to increase issued capital.
The Egyptian stock Exchange (EGX) approved on Wednesday the company’s request to raise its capital, by distributing 1.75-for-10 bonus shares.
