Count Down to relaunch



Elshams Pyramids' due date of right issue set on Sunday, Jan. 12

Elshams Pyramids' due date of right issue set on Sunday, Jan. 12

ArabFinance: The Egyptian Stock Exchange's (EGX) listing committee approved listing 5 million of Elshams Pyramids For Hotels' (SPHT) right issues separated from the stock. The company invited the existing shareholders to subscribe to capital increase shares, as it intended to increase issued and paid-up capital from USD 47 million to USD 52 million, with an increase amounting to USD 5 million and without issuance outlays. 

The Shareholders on record of January 12, 2019, will be entitled to subscribe to 10.64% of their stake in the company's share capital. The subscription will be opened for one month, starting January 15, 2019, until the ending of the trading session on February 14, 2020.

The right issue will be traded separately from the original stock from January 15, until the ending of the trading session on February 10, 2020.

 

#Related keywords

Recommended Stocks

04 Oct 2021
United Housing & Development UNIT
Close
03.92
Change
-08.84
Buy

All rights reserved to Arab Finance 2020 ©

Back to top