EGX reviews Alexandria New Medical Center capital hike documents

Updated 6/7/2016 1:44:47 PM

Arab Finance: EGX administration announced that Alexandria New Medical Center (AMES) has submitted its listing shares documents to increase issued capital hike from LE48,400,000 to LE53,240,000, with increase amounting to LE4,840,000, through free stocks.

Capital hike will be distributed over 605,000 shares at nominal value of LE8 per share, funded from shareholders’ stake according to net profits of 2015.

EGX added the documents will be reviewed to be presented to the listing committee.

Source: EGX & Arab Finance editor