Kima EGM approves capital hike via bonus shares

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.

Mubasher Contribution Time: 13-Jun-2017 08:42 (GMT)
Mubasher Last Update Time: 13-Jun-2017 08:42 (GMT)