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Cleopatra Hospital board ratifies capital hike by LE700 m

Cleopatra Hospital board ratifies capital hike by LE700 m

ArabFinance: Cleopatra Hospital Group S.A.E. (CLHO) declared in a statement sent to EGX, Board of Directors convened on December 19.

The Board unanimously approved increasing the issued capital to LE800 million from LE100 million, with increase amounting to LE700 million. The capital increase will be distributed over 1.4 billion shares, according to Arab African International Bank's statement. 

The Board also ratified amending articles number 6 and 7 of the company statute, regarding capital increase. 

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