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EGX sets prices limits for El Badr Plastic's rights issue

EGX sets prices limits for El Badr Plastic's rights issue

ArabFinance: The Egyptian Exchange (EGX) set the limit-up on trading El Badr Plastic Company’s rights issue by 41.35% at EGP 0.143 on December 6th, according to EGX disclosure.

The limit down is by 41.35% at EGP 0.014.

The EGX's operations committee set the opening price of the El Badr Plastic's rights issue on the first trading day at EGP 0.135 per each.

El Badr Plastic will increase the capital by offering 15.300 million shares for subscription at EGP 0.50 per each.

Founded in 2002 and listed on EGX in 2008, El Badr specializes in providing plastic packaging solutions to meet all packaging and design needs.

 

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