EGX approves listing capital raise shares of Nasr Civil Works

Cairo – Mubasher: The Egyptian Exchange's (EGX) listing committee approved listing 5.36 million of the capital increase shares of Nasr Company for Civil Works

The company's capital will be increased by EGP 26.79 million to EGP 100 million from EGP 73.2 million by issuing 5.36 million shares at a nominal value of EGP 5 apiece, the EGX said in a statement on Wednesday. 

The eligibility to the subscription will be for shareholders owning shares until the end of the trading session on Tuesday, 5 October. 

During the first half (H1) of 2021, the company recorded net losses of EGP 9.47 million, versus net profits of EGP 5.87 million in H1-20. 

The revenues fell to EGP 66.81 million in the January-June period from EGP 98.44 million in the year-ago period. 

Mubasher Contribution Time: 29-Sep-2021 12:25 (GMT)
Mubasher Last Update Time: 29-Sep-2021 12:25 (GMT)