Real Estate Consortium board proposes capital hike

Cairo – Mubasher: Real Estate Egyptian Consortium Company said Tuesday that its board of directors has approved to raise the issued and paid-up capital by EGP 10 million through distributing 1-for-8 bonus shares.

Thus, the capital will be increased from EGP 80 million to EGP 90 million, according to a bourse filing.

 

Mubasher Contribution Time: 21-Mar-2017 11:59 (GMT)
Mubasher Last Update Time: 21-Mar-2017 12:00 (GMT)