Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing the EGP 25 million increase in General Company for Silos and Storage’s (GSSC) issued and paid-up capital, the EGX announced on June 11^th.

Accordingly, the capital will reach EGP 125 million from EGP 100 million.

The increase will be via the issuance of 2.5 million shares at a nominal value of EGP 10 apiece through the distribution of 0.25-for-1 bonus shares.

Eligibility in stock dividends distribution will be for shareholders until the end of the trading session dated June 11^th.

Established in 1888, the company is primarily involved in the manufacture, trade, import, export, storage, package, and distribution of different types of grain and its derivatives, foodstuff, and yeast, as well as animal feed and its components.

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