Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing the issued and paid-up capital increase of EGP 50 million for Nasr Company for Civil Works (NCCW), as per a disclosure.

Thus, the issued and paid capital has been raised from EGP 100 million to EGP 150 million.

The EGP 50 million capital increase is distributed over 50 million shares at a par value of EGP 1 per share.

Hence, a 0.5-for-1 bonus share will be distributed to shareholders of a record date of January 3^rd.

The company’s shares after the capital increase are set to be listed on the EGX’s database as of January 4^th.

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