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Sharm Dreams increases issued, paid-in capital

Sharm Dreams increases issued, paid-in capital

ArabFinance:  Sharm Dreams Company for Tourism Investment’s (SDTI) board of directors approved the issued and paid-in capital increase by EGP 260.145 million, according to the company’s filing to the Egyptian Exchange.

The company will increase the capital by offering 26.015 million shares

Sham Dreams suffered a net loss of EGP 29.8 million in 2020, against a net profit of EGP 65.68 million in 2019.

 Sharm Dreams is an Egypt-based public shareholding company that operates in the tourism and entertainment industry. The company focuses on the construction and operation of hotels, touristic resorts, and villages, as well as commercial complexes and entertainment centers.

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