Cairo- Mubasher: Traders and investors are anticipating a number of
events related to their listed companies on Tuesday.
Today
is the deadline for the rights issue launched by Atlas Land
Reclamation & Agricultural Processing (ATLAS) to increase issued and
paid-in capital from EGP 20 million to EGP 60 million through the
issuance of 4 million shares worth EGP 40 million at EGP 10 par value
each.
The shares of El Shams Pyramids for Hotels and
Touristic Projects will be listed in the Egyptian Stock Exchange on
Tuesday after the Company increased its paid capital from EGP 26
million to EGP 47 million.
Moreover, the Court will also
look into the two appeals filed against Arab Polvara Spinning and
Weaving.
Oriental Weavers will start trading its shares
after it has reduced its par value from EGP 5 to EGP 1.
The
Boards of Egyptians Abroad for Investment and Development, Egyptians
for Housing and Development, Mohandes Insurance and Osool ESB
Securities Brokerage are scheduled to hold a meeting today to discuss
a number of issues.
Photo Credit: Arabianeye-Reuters