Cairo – Mubasher: Egyptian Chemical Industries’ (Kima) extraordinary general meeting (EGM) has approved a capital raise from EGP 2.8 billion to EGP 2.9 billion via distributing bonus shares.
The EGM also agreed to amend articles number (6) and (7) of the company’s statute, a bourse filing said on Tuesday.
The stock fell on Monday by 0.35% to EGP 5.7.