South Cairo & Giza Flour Mills
SCFM
SCFM
The extraordinary general meeting of South Cairo & Giza Mills & Bakeries approved on Thursday, August 28, 2014, the reduction of stock par value to EGP 5 from EGP 10, thus raising the total number of shares to 6 million.
Meanwhile, the company’s ordinary general meeting gave a nod to electing a new board.
The company is capitalized at EGP 30 million, divided into 3 million shares at EGP 10 par value each.
H1-13/14 financial results had shown EGP 15 million net profit, compared with EGP 6 million net profit in the same period a year earlier.
Meanwhile, the company’s ordinary general meeting gave a nod to electing a new board.
The company is capitalized at EGP 30 million, divided into 3 million shares at EGP 10 par value each.
H1-13/14 financial results had shown EGP 15 million net profit, compared with EGP 6 million net profit in the same period a year earlier.
Source:
Mubasher
