Wadi Kom Ombo okays extending activity, losses reduction

Updated 10/30/2016 1:21:02 PM

Arab Finance: Wadi Kom Ombo Land Reclamation' (WKOL) ordinary and extraordinary general assemblies were convened on October 29.

OGM ratified annual financial results for 2015/2016.

Moreover, EGM approved extending company’s activity as well as reduce delayed losses by LE5,025,830 and delay it for the coming years.

EGM approved selling area of 5,300 square meters in a public auction.

Source: EGX & Arab Finance editor