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Golden Pyramids rights issue 95.5% subscribed

Golden Pyramids rights issue 95.5% subscribed
(Photo credit: Company's website)
Golden Pyramids Plaza
GPPL
-3.67% 1.44 -0.05

Cairo – Mubasher: Golden Pyramids Plaza said Thursday that its rights issue was subscribed by 95.46%, according to a bourse statement.

Last November, the company’s board of directors approved raising the issued capital from $539 million to $579.42 million, up $40.42 million.