Arab Finance: Nasr Company for Civil Works (NCCW) has decided to distribute 0.5-for-1 bonus shares to shareholders, the company stated on December 20^th.  

The stock dividends will be paid as of January 4th, 2024, with the eligibility in distribution for shareholders on a record date of January 3rd.

On October 4^th, the firm's extraordinary general meeting (EGM) decided to raise the authorized capital to EGP 500 million from EGP 200 million.

The EGM also agreed to hike the company’s issued and paid-up capital from EGP 100 million to EGP 150 million.

Nasr for Civil Works is an Egypt-based public shareholding company engaged in the construction sector. The company provides construction and development contracting services for infrastructural projects related to energy, utilities, housing, roads, and ports.

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