19 Hrs
Source:
المصدر
_1777352244987_250242181.png&w=64&q=75){kind=small}
Wadi Kom Ombo Land Reclamation Capital Rise
Wadi Kom Ombo Land Reclamation Company has decided to increase its issued and paid-up capital from 28 million Egyptian pounds to 42 million Egyptian pounds, through a surplus of 14 million pounds transferred from retained earnings. This will be implemented by issuing one free share for every two shares held. The amendment to the company's Articles of Association regarding the capital increase has been approved after obtaining the approval of the Financial Regulatory Authority. Consequently, the number of shares will be increased from 5.6 million to 8.4 million, with the share price remaining fixed at five pounds per share. The purpose of this increase is to support expansion projects and investments in land reclamation.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)