Cairo – Mubasher: The Egyptian Exchange (EGX) listing committee gave a nod to Rubex International for Plastic and Acrylic Manufacturing Co. to proceed in the procedures of raising both its issued and authorized capital.
The company seeks to increase its issued capital from EGP 50 million to EGP 100 million, and its authorized capital from EGP 50 million to EGP 500 million.
The firm is currently operating with capital of EGP 50 million, distributed across 10 million shares at EGP 5 par value each.
