ArabFinance: Misr National Steel - Ataqa (ATQA) announced in a statement sent to EGX, the Board of Directors (BoD) was held on March 03.
The Board ratified capital hike to LE600 million from LE300 million to be distributed over 600 million shares with par value of LE1 per share. It delegated the Chairman to call for extraordinary general assembly meeting.
It is worth mentioning that the board suggested dividends attributable to shareholders of LE300 million from 2018 profits (One free stock for every existing one held).