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Rubex to list capital hike shares

Rubex to list capital hike shares

ArabFinance: Rubex International for Plastic and Acrylic Manufacturing submitted documents to list 8.78 million shares for its capital increase process, according to a November 26th Egyptian Exchange (EGX) statement.

The company will raise its issued capital by EGP 43.94 million to EGP 143.94 million, from EGP 100 million, the EGX added.

The increase will be executed at a par value of EGP 5 per share.

Rubex’s board approved last September to raise the capital.

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