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EGX 30 14,742.07 -0.02%



Medical Packaging's right issue won't be traded, EGX says

Medical Packaging's right issue won't be traded, EGX says

Arab Finance: Egyptian Stock Exchange (EGX) said the market price of Medical Packaging Company's (MEPA) stock is lower than the subscription price of the right issue.

EGX's listing rules stipulate the right issue will not be traded separately unless the capital increase shares are lower than the underline share. 

Accordingly, EGX said Medical Packaging right issue will not be traded. 

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