Mansoura Poultry’s OGM nods to capital hike

Updated 5/14/2024 2:01:00 PM
Mansoura Poultry’s OGM nods to capital hike

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.

 

Related News