Pyramisa Hotels board to tackle capital hike

Cairo – Mubasher: Pyramisa Hotels and Resorts said it will hold board of directors meeting on 8 February.

The shareholders meeting will discuss raising the company’s issued capital to EGP 497 million, through the distribution of bonus shares at 0.15 to 1.

The company’s net profits declined 33.4% to EGP 45.4 million in the first nine months of 2015.

Mubasher Contribution Time: 04-Feb-2016 14:32 (GMT)