General Company for Land Reclamation okays activity continuum

Updated 3/3/2019 10:38:13 AM

ArabFinance: General Company for Land Reclamation, Development & Reconstructions (AALR) declared in a statement sent to EGX, the ordinary and extraordinary general assemblies meetings were held on March 02.

The OGM ratified the financial results for the fiscal period ending June 30, 2018.

The EGM approved the activity continuum and transferring the delayed losses and period profits for upcoming years. It ratified transferring 20 apartments from fixed assets clause to assets for sale.