EGX approves listing rights issue of Nasr for Civil Works

Updated 10/11/2021 12:27:17 PM

ArabFinance: The Egyptian Exchange’s (EGX) listing committee has decided to list the capital increase shares of Nasr Company for Civil Works (NCCW), according to a statement.

The company’s capital will be raised to EGP 100 million from EGP 73.205 million.

The capital increase amounts to EGP 26.795 million distributed over 5.359 million bonus shares at a nominal 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.