Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing an increase of EGP 45 million for M.B Engineering’s issued and paid-up capital, according to a filing on May 29^th.

Hence, the capital shall be raised from EGP 56.272 million to EGP 101.272 million after the issuance of 90 million shares, equivalent to 0.799-for-1 bonus share, at a nominal value of EGP 0.5 per share.

The committee has also greenlit increasing the authorized capital from EGP 100 million to EGP 500 million.

The company's capital after the increase will be listed on the EGX's database on May 30^th.

EGX nods to listing A.T. Lease’s EGP 121.34M capital hike Updated 6/24/2024 9:06:00 AM

EGX nods to listing CIB’s EGP 236.57M capital increase Updated 6/5/2024 5:37:00 PM

EGX nods to listing City Lab’s EGP 17.48M capital increase Updated 5/29/2024 3:21:00 AM

EGX approves listing Arab Moltaqa’s EGP 50.57M capital hike Updated 5/29/2024 2:53:00 AM

EGX OKs listing Eastern Company’s EGP 770M capital increase Updated 5/22/2024 2:46:00 PM