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Rubex for Plastic approves capital hike

Rubex for Plastic approves capital hike
Rubex for Plastic approves capital hike
Rubex
RUBX
0.14% 6.98 0.01

Cairo – Mubasher: The ordinary general meeting of Rubex International for Plastic and Acrylic Manufacturing gave a nod to raising the company’s issued capital by EGP45.55 million.

Following this move, the company’s capital will increase from EGP 50 million to EGP 95.55 million distributed across 19.11 million shares.

Meanwhile, the company’s authorized capital will raise from EGP 50 million to EGP 500 million.