Golden Coast raises issued capital on stock split
Updated 8/9/2020 4:22:00 PM
ArabFinance: Golden Coast (GOCO) announced increasing the shares of its issued capital to 171.52 million at a value of EGP 0.40 per share, according to a disclosure to the Egyptian Exchange.
This is instead of the previous 17.15 million shares at a value of EGP 4 each.
Golden Coast new issued capital’s shares volume followed a stock split decision approved in July.
The company’s issued capital stands at EGP 68.60 million.
Golden Coast added that the Egyptian participation represents 96.38% in its issued capital.
