ArabFinance: Dice Sport and Casual Wear (DSCW) has appointed Solid Capital Advisory to conduct a study on the fair value (FV) of the company’s capital stocks in preparation for the capital increase, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

In February, the company’s extraordinary general meeting (EGM) approved increasing authorized capital to EGP 500 million from EGP 300 million.

The EGM also approved raising the company’s issued capital to EGP 371 million from EGP 106 million.

Dice is an Egypt-based company engaged in the casual wear garments and textile industry.

The company manufactures and distributes ready-made casual wear made of pure and mixed cotton, polyester, and viscose fabrics in different types, as well as other knitting products.