Major events on Egypt’s bourse for 4 Feb

Cairo – Mubasher: Traders on the Egyptian Exchange are awaiting the following events for their listed companies:

Madinet Nasr Housing will distribute bonus shares at 0.5 to 1, in the framework of raising its capital to EGP 375 million.

Elsewedy Electric will distribute coupon No 6 at EGP 1 per share.

Meanwhile, Americana Egypt will distribute bonus shares at 0.371 to 1, in the framework of its capital hike.

Dice Sport will start today trading its shares on EGX following its recent stock split .The company reduced its shares par value from EGP 4 per share to EGP 1 per share.

Arafa for Investment will start distributing cash dividends at one Cent per share.

On other hand, Egyptian Modern Education Systems Co. will hold extraordinary general meeting to discuss increasing its issued capital EGP 16.9 million from EGP 8.9 million.

Mubasher Contribution Time: 04-Feb-2016 06:46 (GMT)