EGX to list new shares of Giza General Contracting

Updated 1/24/2021 3:59:00 PM

ArabFinance: The Egyptian Exchange's (EGX) concerned committee approved listing the new shares of Giza General Contracting and Real Estate Investment Company following a stock split from EGP 1 to EGP 0.20 per each, according to EGX disclosure. 

The company's capital will be distributed over 1,464,463,120 shares instead of the previous 292,892,624. 

The new shares will be listed on the EGX database on January 27th. 

The listed company stated that it has been assigned to a project in Minya amounting to EGP 190 million.

Giza General Contracting is an Egypt-based public shareholding company that operates in the construction and engineering industries sector.

The company is primarily involved in general contracting activities; operation, manufacture, and trade in all requirements of the contracting industry.