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May 18: Alexandria Medical Center EGM to review capital hike

May 18: Alexandria Medical Center EGM to review capital hike

ArabFinance: Alexandria New Medical Center (AMES) declared in a statement sent to EGX, it called for the extraordinary general assembly meeting to be held on May 18. 

The EGM will discuss raisng issued and paid capital to LE105,415,200 from LE99,558,800, with the increase amounting to LE5,856,400.

The capital hike will be distributed over 732,050 shares (one free share for every existing 17 held), at a nominal value of LE8. It will be through calling the existing shareholders for the subscription. 

Moreover, the EGM will discuss amending the article No. 6 and 7 of the Articles of Association. 

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