FRA greenlights capital increase for Mansoura Poultry

Updated 3/25/2024 12:38:00 PM
FRA greenlights capital increase for Mansoura Poultry

Arab Finance: The Financial Regulatory Authority (FRA) has approved publishing the disclosure form proposed by Mansoura Poultry’s (MPCO) board to raise issued and paid-up capital, as per a statement.

Hence, the capital will increase by EGP 27.556 million distributed over 137.778 million shares at a par value of EGP 0.20 per share.

Accordingly, the capital shall rise to EGP 125 million from EGP 97.444 million.

Mansoura Poultry is an Egypt-based public shareholding company specializing in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.

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