NUDAP's general assembly approves stock split

Updated 2/17/2020 12:07:00 PM

ArabFinance:  Northern Upper Egypt Development & Agricultural Production (NUDAP) (NEDA) announced, in a statement sent to EGX, the Extraordinary General Assembly held on Feb. 16.

The EGM approved splitting the par value of the share from EGP 10/share to EGP1/share, accordingly, the number of stocks will be 63,499,550 amounting to EGP 63,499,550.

It ratified the articles no. 4, 5, 22 and 46 of the company statute.

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