ICON’s shareholders to consider dividend distribution, capital top-up 24 April

Cairo – Mubasher: Industrial Engineering for Construction and Development (ICON) will hold its ordinary general meeting on 24 April.

The ordinary meeting will look into cash dividend distribution at EGP0.25 per share as well as 1-for-3 bonus share distribution for the fiscal year 2015.

On the same day as well, the extraordinary general meeting will convene to consider increasing the company’s capital by EGP35.6 million to EGP142.5 million through bonus share distribution.

The company’s net profits for 2015 increased to EGP58.3 million from EGP28.9 million a year earlier.  

Mubasher Contribution Time: 05-Apr-2016 09:56 (GMT)