Atlas, established in 1997 and listed in 2012, has four subsidiaries focusing on real estate, farm development, and agricultural processing.
ArabFinance: Atlas for Investment and Food Industries (AIFI) decided to split the par value of its share to EGP 0.10 from EGP 1 per on March 10th, according to the company’s statement filed to the company exchange.
The company’s capital will be unchanged at EGP 65,138,540 distributed over 651,385,400 shares. The shareholders will entitle to trade their stocks after the split on March 11th.
The company posted a consolidated net loss before minority interest stood at EGP 454,053 in January-September 2020, compared to EGP 710,444 incurred in the prior-year period.
Atlas, established in 1997 and listed in 2012, has four subsidiaries focusing on real estate, farm development, and agricultural processing.