Rubex shareholders to tackle capital hike to EGP 100m

Cairo – Mubasher: Rubex International for Plastic said it will hold extraordinary general meeting on 3 March.

The shareholders meeting will discuss increasing the company’s issued capital to EGP 100 million through a right issue.

Meanwhile, the shareholders meeting will discuss the trading of the company’s right issue separated from the original stock.

Rubex is currently capitalized at EGP 50 million, distributed across 10 million shares at EGP 5 par value each.

Mubasher Contribution Time: 08-Feb-2016 14:56 (GMT)