EGX nods to listing B Investments' EGP 291.692M capital increase

Updated 5/15/2024 2:49:00 AM
EGX nods to listing B Investments' EGP 291.692M capital increase

Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing the EGP 291.692 million increase in B Investments Holding's issued and paid-up capital, according to an announcemnet by the Egyptian Exchange (EGX) on May 15th.

Thus, the capital shall be raised from EGP 800.122 million to EGP 1.092 billion after the issuance of 58.338 million shares at a nominal value of EGP 5 per share.

The company's capital after the increase will be listed on the EGX's database on May 20th.

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