Cairo – Mubasher: The ordinary general meeting (OGM) of Industrial Engineering Company for Construction and Development (ICON) has approved to distribute 0.75 bonus share for each ordinary share.
Meanwhile, the extraordinary general meeting (EGM) has agreed to raise the issued and paid-up capital from EGP 142.5 million to EGP 249.4 million.
The increase value is EGP 106.92 million distributed across 26.73 million shares with a nominal value of EGP 4, according to a bourse statement.