Elsewedy Electric submits capital cut documents to EGX

Cairo – Mubasher: The Egyptian Exchange (EGX) said Tuesday that Elsewedy Electric Company has submitted the documents to reduce its issued and paid-up capital from EGP 2.2 billion to EGP 2.18 billion through writing off 5 million treasury stocks.

The stock market added that it is reviewing the documents to submit them to the Listing Committee, according to a bourse filing.

Mubasher Contribution Time: 11-Apr-2017 10:34 (GMT)
Mubasher Last Update Time: 11-Apr-2017 10:34 (GMT)