23 Hrs
Source:
المصري اليوم
Disbursement of allowances for Ajwa shareholders begins
The Financial Regulatory Authority announced the start of disbursing the owed amounts to clients harmed by shares of Ajwa Food Industries during the period from October 4 to October 25, 2009. The number of affected clients is 5,719, with total entitlements amounting to 62.2 million Egyptian pounds. This measure comes after the full deposit of the designated funds, which were collected through the clearance of the bank check deposited and the settlement amount being credited by the main shareholder, Mohamed bin Essa bin Jaber, at Misr for Clearing, Clearing, and Settlement. The aim is to protect the rights of investors and to strengthen confidence in the financial markets.
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