Egysacom OGM approves doubling capital

Cairo - Mubasher: The ordinary general meeting (OGM) of Egypt South Africa for Communication (Egysacom) has approved raising the company’s capital by around 100%, from EGP 6.3 million to EGP 12.7 million, according to a bourse filing.

The company said in a statement to the Egyptian Exchange (EGX) on Sunday that the OGM also approved increasing the authorised capital from EGP 10 million to EGP 20 million.

Mubasher Contribution Time: 30-Apr-2017 12:21 (GMT)
Mubasher Last Update Time: 30-Apr-2017 12:26 (GMT)