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.