Giza General Contracting ratifies stock split

Updated 12/23/2020 4:56:31 PM

ArabFinance: Giza General Contracting and Real Estate Investment Company’s extraordinary general meeting approved, on December 19th, 1:5 stock split, according to the company’s statement filed to the Egyptian Exchange.

The company will split the par value of the share from EGP 1 to EGP 0.20 per each.

Giza Contracting stated that it has been assigned to a project in Minya amounting to EGP 190 million.

Giza General Contracting is an Egypt-based public shareholding company that operates in the construction and engineering industries sector.

The company is primarily involved in general contracting activities; operation, manufacture, and trade in all requirements of the contracting industry.