Photo Credit: Arabianeye - Reuters
Arab for Development & Real Estate Investment
ADRI
ADRI
Cairo – Mubasher: The Egyptian Exchange (EGX) approved on Wednesday a request from Arab for Development and Real Estate Investment Co. to proceed with steps of raising issued capital via bonus issue.
The company’s extraordinary general meeting earlier approved a capital top-up from EGP 26.5 million to EGP 29.7 million.
The capital increase will be effected through the distribution of bonus shares at 12-for-100.
Source:
Mubasher
