Ataqa increases authorized, issued capitals
Updated 5/27/2019 10:14:00 AM
ArabFinance: Misr National Steel – Ataqa’s (ATQA) extraordinary general meeting (EGM) approved amending Article (6 and 7) from the company’s articles of association, the company said Monday in a statement to EGX.
Under the amendment, the firm’s authorized capital was increased to EGP 1 billion, up from EGP 500 million, while the issued capital was raised to EGP 600 million distributed over 1.2 billion shares, after being EGP 300 million distributed over 600 million shares.
Both the EGM was held on April 15.
