ArabFinance: The ordinary general meeting (OGM) and the extraordinary general meeting (EGM) of Alexandria New Medical Center (Alex NMC) (AMES) have decided to raise the issued capital of the company to EGP 124.58 million from EGP 114.19 million, according to a statement filed to the Egyptian Exchange (EGX).

The capital increase amounts to EGP 10.38 million distributed over 1.29 million bonus shares at a par value of EGP 8 per share, Alex NMC highlighted.

Accordingly, a 0.0909090-for 1 bonus share will be distributed as of Thursday, September 2^nd, with the eligibility in distribution for shareholders until the end of September 1^st’s trading session.

Alex NMC is an Egypt-based public shareholding company engaged in the provision of medical diagnostic and treatment services in various medical fields.

The company focuses on the operation of a hospital, which consists of a range of medical specializations, including gynaecology, general surgery, and paediatrics, among others.