Golden Coast
GOCO
2.13%
0.48
0.01
GOCO
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.
Source:
Mubasher