Pioneers Holding EGM to mull issuing GDRs 13 April

Cairo – Mubasher: Pioneers Holding Company for Financial Investment said Monday that it will hold an extraordinary general meeting (EGM) on 13 April to discuss issuing global depositary receipts (GDRs) through transferring part of the issued capital.

The number of GDRs to be issued shall not exceed one-third of the share capital, according to a bourse filing.

The company is capitalised at EGP 3.6 billion distributed across 720.3 million shares with a nominal value of EGP 5.

Mubasher Contribution Time: 13-Mar-2017 08:18 (GMT)
Mubasher Last Update Time: 13-Mar-2017 08:40 (GMT)