Nozha International Hospital’s EGM OKs capital increase

Updated 3/24/2024 11:35:00 AM
Nozha International Hospital’s EGM OKs capital increase

Arab Finance: Nozha International Hospital’s (NIH) extraordinary general meeting (EGM) has approved increasing the issued and paid-up capital via the distribution of 0.252-for-1 bonus shares, as per a statement.

Accordingly, the capital will be upped from EGP 175.781 million to EGP 220 million by EGP 44.219 million distributed over 44.219 million shares at a nominal value of EGP 1 per share.

Egypt-based Nozha International is a shareholding company operating in the field of healthcare facilities management.

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