The Financial Regulatory Authority (FRA) has approved publishing the disclosure form submitted by Memphis Pharmaceutical and Chemical Industries’ board to invite senior shareholders to subscribe to the company’s remaining rights issue.

The Financial Regulatory Authority (FRA) has approved in principle for Memphis Pharmaceutical and Chemical Industries to invite senior shareholders to subscribe to the company’s rights issue.

The Financial Regulatory Authority (FRA) has approved in principle for Egyptian Chemical Industries (KIMA) to invite senior shareholders to subscribe to the uncovered shares of the rights issue.

Cairo Oils and Soap’s (AMPI) capital increase subscription has been covered by 100%.

The Financial Regulatory Authority (FRA) has approved in principle for Egyptian Chemical Industries (KIMA) to invite senior shareholders to subscribe to the company’s rights issue.

The increase in El Obour Company for Real Estate Investment’s (OBRI) issued capital was subscribed at a coverage ratio of 88.26% of total offered shares, valuing at a total of EGP 101.096 million.

The Financial Regulatory Authority (FRA) has approved in principle for Egyptians for Housing and Development Company’s (EHDR) to invite senior shareholders to subscribe to the uncovered 31.532 million shares of its rights issue at a par value of EGP 0.27 per share.

Egyptians for Housing and Development Company’s (EHDR) first phase of capital increase subscription has been covered by 91.241% at a value of EGP 89.508 million.

The second phase of Egyptians for Investment and Urban Development’s (EIUD) rights issue was subscribed at a coverage ratio of 82.806 times at a value of EGP 252.792 million.

The Financial Regulatory Authority (FRA) has approved in principle publishing Egyptians for Investment and Urban Development’s (EIUD) invitation for its shareholders to subscribe to the uncovered 29.783 million shares of capital increase subscription at a par value of EGP 0.10.

The Financial Regulatory Authority (FRA) has approved in principle for the Industrial and Engineering Enterprises Company to invite senior shareholders to subscribe to the uncovered shares of the rights issue.

The Financial Regulatory Authority (FRA) has approved in principle the Export Development Bank of Egypt’s (EBank) invitation to major shareholders to subscribe to the remaining 651,787 shares of the rights issue at a nominal value of EGP 10 per share.

Beltone Financial Holding has concluded the largest capital increase ever in the history of the Egyptian Exchange (EGX) after the completion of subscription rounds of the EGP 10 billion rights issue of 5 billion new ordinary shares

The subscription to Beltone Financial Holding’s capital increase was 5.49 times covered in the second phase, representing 100.434 million shares of the total offered shares.

The first phase of Beltone Financial Holding’s rights issue for the capital increase was subscribed at a coverage ratio of 97.99%.