Rubex shareholders endorse EGP36m debt owed to Alrtem

Cairo – Mubasher: Rubex Plastic Manufacturing shareholders approved a credit balance for Alrtem for Development and Reconstruction, at a total value of EGP 36 million as on 30 September, 2015, according to a bourse filing Wednesday.

Shareholders also ratified financial statements and the auditor’s report for the fiscal period ended 30 September.

Rubex earlier logged EGP 3.8 million net loss for the first nine months of FY15, against EGP 180,300 net profit in the prior-year period.

Mubasher Contribution Time: 02-Dec-2015 07:53 (GMT)