The company previously announced its account settlement with the Bank of Alexandria. The move will result in an increase in the company's shareholder equity by EGP 14.632 million.
MOSC is an Egypt-based company engaged in the extraction and refining of oils from plants and animals, and the production of soap and detergents. The company’s oil products include sunflower oils, corn oils, cotton seeds oils, soya oils, ghee, and butter.