Cairo - Mubasher: Egyptian Iron and Steel (HADISOLB) said it submitted a disclosure report to the Egyptian Exchange (EGX) where it seeks the bourse approval to conduct extraordinary general meeting.
The extraordinary general meeting will discuss raising the company issued capital from EGP 976.87 million to EGP 1.95 billion.
HADISOLB has narrowed its losses to EGP 585.76 million in the fiscal year ended 30 June 2016, down from EGP 760.5 million a year earlier.
