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June 30: Marseille’s OGM to discuss capital hike

June 30: Marseille’s OGM to discuss capital hike

ArabFinance: Marseille Almasreia Alkhalegeya For Holding Investment - (MAAL) invited the shareholders to attend its ordinary general assembly (OGM) on June 30, as per a Monday bourse filing.

The assembly is scheduled to review increasing the issued capital from EGP 60 million to EGP 72 million, through distributing bonus shares totaling EGP 12 million at one bonus share for every existing 5 held.

Moreover, the OGM will discuss amending Articles (6 and 7) from the company’s articles of association.

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