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August 9: Modern Education Systems’ rights issue last date

August 9: Modern Education Systems’ rights issue last date

ArabFinance: Financial Regulatory Authority (FRA) approved publishing Modern Education Systems Company’s (MOED) invitation for existing shareholders to subscribe to the issued capital hike shares.

The capital increase shares amount to 84.57 million shares at par value of EGP 1 per share with issuance expenses EGP 2.5. 

The Shareholders on record of August 09, 2019, will be entitled to participate in the capital increase.

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