ArabFinance: The Egyptian Exchange's (EGX) concerned committee approved splitting the par value of Osool ESB for Securities Brokerage's (EBSC) share from EGP 0.50 to EGP 0.10, according to EGX's July 9th disclosure.
Osool ESB's capital, which amounts to EGP 40 million, will be distributed over 400 million shares instead of 80 million, the company reported.
The shareholder recorded on July 12th will be entitled to the stock split.
Osool ESB is an Egypt-based company engaged in the securities brokerage sector. The company offers a range of tools include snap tickets, trigger orders, saved orders, web market watch and customizable trading application, and online trading system training services.
