< Arab Finance - News - EGX's listing committee approves listing Arab Moltaqa capital hike shares
Count Down to relaunch



EGX's listing committee approves listing Arab Moltaqa capital hike shares

EGX's listing committee approves listing Arab Moltaqa capital hike shares

Arab Finance: Egyptian Stock Exchange's (EGX) Listing Committee held on June 20 approved listing the issued capital increase of Arab Moltaqa Investment Company (AMIA).

The firm will increase the issued and paid capital to EGP 300 million from EGP 247.4 million, with an increase amounting to EGP 52.576 million.

The hike will be through issuing 0.2124965716 bonus share for every one share. It will be distributed over 5.25 million shares at EGP 10 per share.

Shareholders of record are entitled to the distribution until the end of July 7 session.

The company's 30 million shares will be listed after the capital increase on EGX's database with determining a reference price for company shares as of July 8, 2019. 

Recommended Stocks

04 Oct 2021
United Housing & Development UNIT
Close
03.76
Change
06.21
Buy

All rights reserved to Arab Finance 2020 ©

Back to top