Mubasher TV
Contact Us Advertising   العربية

Record date for NRPD bonus issue today

Record date for NRPD bonus issue today
National Real Estate Bank for Development (NRPD) will distribute 780516 bonus shares at 1-for-5, to raise issued capital by EGP 7 million from EGP 39 million to EGP 46 million. The company added that such increase would be financed from shareholders’ dividend along with the year’s earnings, in accordance with the company’s financial statements announced in December 31, 2013;
Shareholders of record till the close of trading on Wednesday, March 19, will be eligible for the bonus share distribution that will be effected as of March 20.
NRPD posted a net profit of EGP 16.209 million for the first nine months of FY13, compared to EGP 2.053 million in the same period a year earlier.