Copper for Commercial Investment’s board greenlights EGP 104.1M capital hike

Updated 8/22/2023 9:00:00 AM
Copper for Commercial Investment’s board greenlights EGP 104.1M capital hike

Arab Finance: Copper for Commercial Investment and Real Estate Development’s (COPR) board has endorsed increasing the issued capital by EGP 104.068 million distributed over 470.492 million shares at a nominal value of EGP 0.20 per share, the company disclosed on August 22nd.

Accordingly, the capital shall increase to EGP 105.109 million from EGP 1.040 million.

Established in 1985, the company undertakes all activities related to real estate such as contracting and technical and engineering supervision, as well as conducting feasibility studies and drawing engineering designs for itself and third parties.

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