ArabFinance: The Egyptian Exchange's (EGX) Listing Committee has approved the listing of the increase in issued and paid-up capital for Mansourah Poultry (MPCO), according to a statement.

The company’s issued and paid-up capital shall increase to EGP 97.44 million from EGP 81.20 million by RGP 16.24 million distributed over 81.20 bonus share at a nominal value of EGP 0.20 per share.

Accordingly, bonus shares of 0.1999-for-1 will be distributed as of Thursday, March 24th, with the eligibility in distribution to shareholders until the end of the trading session on March 23th.

The company’s share after capital increase will be registered on the EGX’s database as of March 24th.

Mansoura Poultry is an Egypt-based public shareholding company specialized in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.