Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing an increase of EGP 187.319 million for MM Group for Industry and International Trade’s (MTI) issued and paid-up capital, the EGX disclosed on July 17th.

This increase is distributed over 302.124 million shares, equivalent to 0.25-for-1 bonus shares, at a par value of EGP 0.62 per share.

Hence, the capital will be increased to EGP 936.584 million from EGP 749.268 million.

The 0.25-for-1 bonus shares will be distributed, with eligibility in distribution to shareholders until a record date of July 31^st.

The company's capital after the increase will be listed on the EGX's database on August 1^st.

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