Arab Finance: The board members of Cairo Poultry Company approved a dividend distribution of EGP 1.9 per share, according to a bourse disclosure.
The board also approved determining the company’s authorized capital at EGP 2 billion. It also agreed to consider adding new business activities to the company’s scope.
The extraordinary general meeting (EGM) will decide on the aforementioned board decisions.
In September, the company’s board of directors greenlit the sale of its stake in Aman for guarding & integrated security and the liquidation of Cairo Leasing Company.