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(2016-08-29) Today: Financial & Industrial to review capital hike to LE727.6 m
Egyptian Financial & Industrial (EFIC) called Board of Directors to be convened on 29/08/2016.
BoD will discuss issued capital hike from LE693,016,320 to LE727,667,140 with increase amounting to LE34,650,820.
Capital hike will be distributed over 3465082 shares (1 free stock for every existing 20 held).
Capital hike will be funded from delayed profits of LE33,668,100 and reserves of LE982,720.