Arab Finance: Aspire Capital Holding for Financial Investments' board approved increasing issued and paid-up capital increase to EGP 780 million from EGP 400 million, according to a statement.
The capital hike, amounting to EGP 380 million, will be implemented through the issuance of 1.9 billion shares at a nominal value of EGP 0.20 per share.
The board also approved amendments to Article 6 and 7 of the company's articles of association and basic system in light of the capital increase.
In 2025, Aspire Capital Holding achieved EGP 63.262 million in consolidated net profit after tax attributable to the holding company. This marks a 6.87% year-on-year drop from the EGP 67.931 million profits recorded in 2024.
