Egyptian Starch & Glucose
ESGI
-19.70%
3.21
-0.79
ESGI
Egyptian Starch and Glucose Co. said it submitted a disclosure report to The Egyptian Exchange (EGX), requesting an approval on increasing issued capital by EGP 84.815 million to EGP 583 million from EGP 498.185 million.
In a meeting held on Tuesday, July 22, the company’s board had approved the capital increase that resulted from the re-evaluation of the assets of Cairo Starch and Glucose (merged company) in Egyptian Starch and Glucose (merging company) based on the stock market value on June 30.
In a meeting held on Tuesday, July 22, the company’s board had approved the capital increase that resulted from the re-evaluation of the assets of Cairo Starch and Glucose (merged company) in Egyptian Starch and Glucose (merging company) based on the stock market value on June 30.
Source:
Mubasher