Cairo – Mubasher: The Egyptian Exchange's (EGX) listing committee approved the listing of the capital raise shares of Alexandria Medical Services - Alexandria New Medical Center.
The decision includes increasing the paid-up and issued capital to EGP 124.58 million from EGP 114.19 million through issuing 1.29 million bonus shares at a nominal value of EGP 8 apiece, totalling EGP EGP 10.38 million, the EGX said in a statement on Wednesday.
The 0.0909-for-one bonus issue will be funded from the shareholders’ dividends for the year ended 31 December 2020. The record date of the bonus issue is the end of the trading session on 1 September.
In the first half (H1) of 2021, Alexandria Medical Services - Alexandria New Medical Center reported net profits to EGP 27.7 million, up from EGP 4.98 million in H1-20.
