Rubex
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RUBX
The Egyptian Financial Supervisory Authority (EFSA) announced approving the capital increase of Rubex Plastic Manufacturing by EGP 14 million.
Accordingly, shareholders of record till the close of trading on July 2 will be entitled to subscribe to 2.8 million shares at EGP 5 par value plus EGP 0.07 issue costs each.
Subscription will start on July 7 through August 5, 2014. It may close if shares are fully subscribed.
Rubex FY13 financial results had shown EGP 1.59 million net profit, with 50.3% jump y/y from EGP 1.06 million.
Accordingly, shareholders of record till the close of trading on July 2 will be entitled to subscribe to 2.8 million shares at EGP 5 par value plus EGP 0.07 issue costs each.
Subscription will start on July 7 through August 5, 2014. It may close if shares are fully subscribed.
Rubex FY13 financial results had shown EGP 1.59 million net profit, with 50.3% jump y/y from EGP 1.06 million.
Source:
Mubasher