Cairo – Mubasher: The ordinary general meeting (OGM) of Raya Holding for Financial Investment (Raya Holding) approved a cash dividend distribution of EGP 0.19 per share.
The company’s shareholders also approved the financial statements for the period ended 30 September, according to statement to the Egyptian Exchange (EGX) on Sunday.
In addition, the OGM gave the greenlight to several agreements, including an agreement between Raya International Services and SOLERA for Energy Solutions and Electromechanical Contractor to implement Oracle System.
It is worth mentioning that during the first nine months of 2019, Raya Holding incurred net losses of EGP 58.16 million, versus net profits of EGP 58.6 million in the year-ago period, including minority shareholders’ rights.
