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Rubex OGM to discuss capital hike 23 October

Rubex OGM to discuss capital hike 23 October
Photo credit: Arabianeye - Reuters
Rubex
RUBX
0.18% 11.04 0.02

Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing invited shareholders to an ordinary general meeting (OGM) to discuss increasing the company’s capital by EGP 45.55 million.

The OGM will also look into amending articles number (6) and (7) in the company’s statute to comply with the capital increase, according to a bourse filing.

Additionally, the company’s shareholders will discuss adjustments to articles of a contract to purchase a land plot for a factory complex.