ArabFinance: Atlas for Investment and Food Industries’ (AIFI) extraordinary general meeting (EGM) approved changes to Articles 5 and 6 of the company’s Articles of Association, according to a filing to the Egyptian Exchange (EGX) on Sunday.
Accordingly, the company’s authorized capital will be increased to EGP 325 million from EGP 100 million.
Atlas, established in 1997 and listed in 2012, has four subsidiaries focusing on real estate, farm development, and agricultural processing.