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Grand Investment Capital’s EGM approves capital hike

Updated 6/3/2026 12:12:00 PM
Grand Investment Capital’s EGM approves capital hike

Arab Finance: The extraordinary general meeting (EGM) of Grand Investment Capital approved increasing the issued capital to EGP 52 million from EGP 39 million, according to a bourse disclosure.

The company will issue 2.600 million in bonus shares, with a nominal value of EGP 5 per share.

Grand Investment Capital will distribute bonus shares at a rate of one bonus share for every three original shares.

Established in 2007, the firm is a joint stock company that provides direct investments in the financial services sector.

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