Cairo – Mubasher: Prime Holding announced that its extraordinary general meeting (EGM) approved a five-for-one share split.
Each share with a value of EGP 5 will be subdivided into five shares with a value of EGP 1 each, the company said in bourse disclosure on Tuesday.
It is worth mentioning that during the first nine months of 2019, Prime Holding logged a net profit of EGP 4.2 million, compared to EGP 28.9 million in the year-ago period, including minority shareholders’ rights.