Cairo – Mubasher: The ordinary general meeting of GB Auto approved Saturday 2015 financial statements.
The ordinary meeting decided to freeze 2015 cash dividends based on the board’s proposals.
Moreover, the ordinary meeting approved the auditors’ report, the amendment of article no. 26 of the memorandum, as well as deeds of guarantee for sister companies, subsidiaries, and related parties.
Egypt’s leading vehicle assembler registered EGP174 million profits in 2015, compared with EGP233 million in 2014.
