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FRA nods Ataqa to increase capital by LE150 m

FRA nods Ataqa to increase capital by LE150 m

ArabFinance: Financial Regulatory Authority (FRA) approved on April 22, publishing Misr National Steel - Ataqa - (ATQA) disclosure report to conduct procedures of issued and paid capital increase to LE300 million from LE150 million distributed over 30 million.

The par value is amounting to LE5 per share, in which the capital hike will be financed from net profits ending December 2017. FRA added the documents will be reviewed.

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04 Oct 2021
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