Arab Finance: The board of directors of El Nozha Hospital has approved an EGP 43.945 million increase in the issued and paid-up capital, according to an EGX disclosure on February 13th.
The capital raise will be distributed over 43.945 million shares at a nominal value of EGP 1 per share, provided that the company is set to distribute a 0.333-for-1 bonus share.
Accordingly, the company’s issued and paid-up capital shall increase to EGP 175.781 million from EGP 131.835 million