ArabFinance: Arab Moltaka Investments Company (AMIA) has submitted documents to the Egyptian Exchange (EGX) to list its issued capital increase, the EGX announced in a statement on April 21st.
The company is set to raise its issued capital to EGP 360 million from EGP 300 million by EGP 60 million distributed over 60 million shares at a nominal value of EGP 1 per share.
the submitted documents are currently being studied by the EGX to be reviewed later by the Listing Committee.
AMIC invests in a diversified range of economic sectors covering a broad spectrum including industrial and agricultural investments, land reclamation and cultivation, livestock development, fisheries, real estate investments, and tourism.