Cairo – Mubasher: The board of directors of Giza General Contracting and Real Estate Investment approved the distribution of dividends with total value of EGP 55.1 million for 2015.
The dividends distribution will be assorted between cash dividends and bonus shares, where the cash dividends will account for 90% or EGP 4.96 million, while the bonus shares will amount to EGP 50.15 million at 0.5 to 1.
The company also said it seeks to raise its issued capital from EGP 110.238 million to EGP 165.358 million through issuing bonus shares.
The company saw net profits of EGP 52.6 million in 2015, up from EGP 40.3 million a year earlier.
