FRA approved capital hike for Nasr for Civil Works
Updated 9/15/2021 9:45:55 AM
ArabFinance: The Financial Regulatory Authority (FRA) has approved to publish the disclosure on Nasr Company for Civil Works’ (NCCW) decision to raise its issued capital to EGP 100 million from EGP 73.205 million, according to a statement filed to the Egyptian Exchange (EGX).
The capital increase amounts to EGP 26.795 million distributed over 5.359 million shares at a par value of EGP 5 per share.
Nasr for Civil Works is an Egypt-based public shareholding company engaged in the construction sector. The company provides construction and development contracting services for infrastructural projects related to energy, utilities, housing, roads, and ports.
