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.

EIPICO to raise capital to EGP1.68B via cash subscription Updated 10/24/2024 10:09:00 AM

Heliopolis Housing approves capital increase through bonus shares Updated 10/21/2024 10:26:00 AM

Beltone SMEs doubles capital to EGP 500M Updated 10/9/2024 9:25:00 AM

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

EGX greenlights listing EGP 27.556M capital increase for Mansourah Poultry Updated 9/4/2024 9:17:00 AM