Arab Finance: Mansoura Poultry’s (MPCO) ordinary general meeting (OGM) has approved increasing the issued and paid-up capital by EGP 27.556 million distributed over 137.778 bonus shares at a nominal value of EGP 0.20 per share, as per a filing.
Accordingly, the capital shall be raised from EGP 97.444 million to EGP 125 million through the distribution of 0.282-for-1 bonus shares.
Mansoura Poultry is an Egypt-based public shareholding company specialized 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.