ArabFinance: The ordinary general assembly of Saudi Egyptian Investment and Finance (SEIG) approved distributing coupon number 40 valued EGP 2 per share to shareholders for 2020, according to the company’s filing to the Egyptian Exchange on March 28th.
The assembly also approved amending the share’s nominal to be $0.10 (EGP 1.57 ) instead of $4 (EGP 62.68).
The listed company posted a 14.8% Year on Year increase in its net profit in 2020, recording EGP 26.71 million.
Saudi Egyptian Investment is an Egypt-based public shareholding company that is engaged in undertaking investment activities in different business sectors, as well as providing different financial services. The Company owns several investment stakes in different companies, funds and portfolios.