Kima’s rights issue subscribed 1.5 times

Cairo – Mubasher: Egyptian Chemical Industries (Kima) said Monday that its rights issue was subscribed 1.5 times, with an allotment ratio of 67.13%.

A total of 31.5 million shares were offered for subscription through Banque Misr, as refunds will be carried out via branches of the receiving bank, according to a bourse filing.

The first phase of the rights issue was subscribed by 87.63%.

Mubasher Contribution Time: 13-Mar-2017 09:23 (GMT)
Mubasher Last Update Time: 13-Mar-2017 09:24 (GMT)