ArabFinance: Arab Real Estate Investment CO.-ALICO (RREI) announced in a statement sent to EGX, that the extraordinary general assembly (EGM), which was scheduled to be convened January 17, was not held due to lack of quorum.
It is considered the EGM will review amending article number 5 from the article of incorporation, through extending company’s activity for 25 years, starting June 18, 2016 till ending June 17, 2041.