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ICMI Board okays capital hike

ICMI Board okays capital hike

ArabFinance: International Company for Medical Industries (ICMI) announced in a release to EGX, the Board was convened on February 27.

The Board approved amending the articles 6 and 7 from article of incorporation, regarding the capital hike resulted from the subscription.

The company will raise the capital to LE24,189,788 from LE12 million, with increase amounting to LE12,189,788, distributed over 12,189,788 shares at a nominal value of LE1.

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