Arab Finance: Lecico Egypt (LCSW) has decided to distribute 1-for-24 bonus shares, or 3.2 million shares, to shareholders as of January 11th, the company stated on December 31st.
The eligibility in distribution will be for shareholders until a record date of January 11th.
Lecico is an Egypt-based public shareholding company engaged in the manufacture of tiles and sanitary ware products. The company offers its products through three segments: sanitary ware products, ceramic tiles, and brassware.