shareholders approved doubling the company's capital
Rubex
RUBX
RUBX
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing said shareholders of record till the close of trading on 28 July would be entitled to subscribe to its rights issue, according to a bourse filing.
Earlier, the company’s shareholders approved doubling its capital to EGP 100 million from EGP 50 million.
The capital increase of EGP 50 million will be distributed across 10 million shares at EGP 5 par value each.
Source:
Mubasher
