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Golden Coast files with EGX for capital top-up

Golden Coast files with EGX for capital top-up
Golden Coast
GOCO
2.13% 0.48 0.01

The Egyptian Exchange (EGX) announced on Monday it is studying a request received from Golden Coast Co. for capital increase.

 

The company seeks to raise issued and paid-in capital from EGP20 million to EGP50 million for original shareholders.

 

The EGP 30 million increases are divided into 7.5 million shares at EGP 4 par value each.


 
Golden Coast operates with issued and paid-in capital of EGP20 million, distributed across 2 million shares at par value of EGP10 per share.