Cairo – Mubasher: The ordinary general meeting of Egyptian Iron and Steel (HADISOLB) gave a nod to increasing the company’s issued capital by 100%
Following the capital hike, the company’s issued capital will increase from EGP 976,872 million to EGP 1.953 billion, according to a bourse filling.
The capital increase will be effective through a right issue to existing shareholders through offering 488.43 million shares at EGP 2 par value each.
