Cairo-Mubasher: The Egyptian Exchange (EGX) said it received a disclosure report from the Egyptian for Developing Building Materials (IFT SLAB) where the company requests to obtain the regulators’ approval regards increasing its authorized capital from EGP 50 million to EGP 400 million.
EGX said that the listing committee is currently studying the company’s request.
The company’s extraordinary general meeting approved earlier, increasing the company both issued and authorized capitals.
