Cairo-Mubasher: Arab for Development and Real Estate Investment said its general meeting will discuss on Monday bonus shares distribution for the fiscal year ended 31 December 2014.

The board earlier proposed distributing 11.6 bonus shares for each 100 original shares, the company said in a filing to the local bourse.

The company made net earnings of EGP 1.9 million ($243,500) in the first half of 2015, compared with EGP 1.1 million ($141 million) in the same period a year ago.

The EGX-listed firm operates with EGP 26.5 million capital, divided into 53 million shares at a par value of EGP 0.5 each.