Arab Finance: MB Engineering’s (MBEN) ordinary and extraordinary general meetings (OGM and EGM) have approved increasing the issued capital by EGP 45 million distributed over 90.001 million bonus shares at a nominal value of EGP 0.5 per share, as per a filing.

Hence, the capital shall be raised to EGP 101.272 million from EGP 56.272 million via the distribution of 0.799-for-1 bonus shares.

Established in 1990, MB Engineering is a public company that operates within the capital goods sector focusing on Construction and Engineering.

Rekaz to subscribe to Medcap Securities’ capital increase Updated 9/26/2024 1:39:00 AM

EGX nods to listing EGP 302.4M capital increase for Sidpec Updated 9/25/2024 11:30:00 AM

Sidpec nods to capital increase via bonus shares distribution Updated 9/24/2024 12:21:00 PM

Memphis Pharmaceutical to invite shareholders for rights issues Updated 9/19/2024 11:56:00 AM

Memphis Pharmaceutical’s capital increase subscription covered by 93.78% in 1st phase Updated 9/9/2024 10:56:00 AM