Cairo – Mubasher: Prime Holding’s extraordinary general meeting (EGM) on Wednesday has approved a capital decrease to 70 million shares through writing off treasury stocks of around 2.8 million shares.
The EGM also noded to adjust articles 6 and 7 of the company’s main system, according to a filing to the Egyptian Exchange (EGX).
Prime Holding’s capital amounts to EGP 364.17 million distributed over 72.8 million shares at a par value of EGP 5 per share.