OHD gets bourse nod on capital cut

Cairo – Mubasher: The Egyptian Exchange (EGX) said Wednesday its listing committee approved a request from Orascom Hotels & Development (OHD) to proceed with its capital decrease.

Thus, the company’s post-decrease capital stands at EGP 1.108 billion, divided into 221.66 million shares at EGP 5 par value each.

The capital decrease is effected through cancelling treasury shares.

Mubasher Contribution Time: 02-Dec-2015 11:32 (GMT)