Atlas For Investment and Food Industries (AIFI)

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News

27 November 12:10 PM Atlas approves EGP 50m capital hike

Cairo - Mubasher: The equityholders of Atlas for Investment and Food Industries have approved increasing the company’s issued capital to EGP 115.12 million from EGP 65.12 million. The EGP 50 million capital raise value will be distributed over 500 …

Corporate Actions

30 April 2017 00:28 PM Atlas to found new packaging, food company

Cairo - Mubasher: The ordinary general meeting (OGM) of Atlas for Land Reclamation and Agricultural Processing has approved the establishment of a new company for packaging and food industries. The new subsidiary will be formed with an authorised …

Corporate Actions

29 March 2017 11:52 AM Atlas suffers EGP 2.1m losses in FY16

Cairo – Mubasher: Atlas for Land Reclamation and Agricultural Processing Company’s consolidated financial statements for fiscal year 2016 showed a net loss of EGP 2.1 million, compared to a consolidated net profit of EGP 3.1 million for FY15. …

Financial Results

2 January 2017 00:33 PM Atlas to establish food production firm

Cairo – Mubasher: Atlas for Land Reclamation said its management approved the establishment of a subsidiary to be specialized in the business of food industry and packing. The authorized capital of the new company will be EGP 10 million, while the …

Corporate Actions

28 December 2016 11:40 AM Atlas to see property project revenues in 2018

Cairo – Mubasher: Atlas for Land Reclamation and Agricultural Processing on Wednesday announced that revenues from a project by one of its subsidiaries will be included in the company’s financial statements for 2018. In accordance with our …

Companies Investments

26 December 2016 11:15 AM Atlas unit reveals EGP 250m project

Cairo – Mubasher: Atlas for Land Reclamation and Agricultural Processing said Monday that its units, Atlas for Investments and Real Estate Development, will announce its new project on Ajyad Road in the 6th of October city, Giza governorate, with …

Companies Investments

20 November 2016 01:50 PM Atlas for Land Reclamation turns to losses in 9M

Cairo – Mubasher: Atlas for Land Reclamation turned to losses at the first nine months of 2016. The company posted EGP 2.6 million in losses for the nine – month period ended September 2016, against profits of EGP 1.1 million for the same period …

Financial Results

23 October 2016 00:21 PM Atlas for Land Reclamation board approves capital hike

Cairo – Mubasher: Atlas for Land Reclamation and Agricultural Processing said its board of directors gave a nod to raising its issued capital by EGP800,000. The company noted that, following its capital hike, the capital of its subsidiary – Atlas …

Corporate Actions

24 April 2016 11:05 AM Atlas freezes FY15 dividend payout, sets up real estate development unit

Cairo – Mubasher: The ordinary general meeting of Atlas for Land Reclamation and Agricultural Processing decided to withhold cash dividend distribution for the fiscal year 2015. During 2015, the company’s net earnings after tax declined to EGP3.1 …

General Assembly

10 January 2016 11:01 AM Atlas to setup real estate development unit

Cairo - Mubasher: The board of Atlas for Land Reclamation gave a go-ahead for establishing a new unit specialised in real estate development. The new unit will be operating with authorized capital of EGP 20 million, and issued and paid-in capital …

Management Decisions

29 November 2015 03:34 PM Atlas for Land Reclamation posts EGP 1.1m profits in 9m

Cairo - Mubasher: Atlas for Land Reclamation reported net profits of EGP 1.1 million for the first nine months of 2015. The company's revenues stood at EGP 2.1 million at the similar period a year earlier. Meanwhile, the company's standalone …

Financial Results

16 June 2015 10:27 AM Major events on EGX for Tuesday

Cairo-Mubasher: Investors are anticipating the following major events related to some EGX-listed companies on Tuesday: Start of subscription to Emaar Misr’s secondary shares Extraordinary general meeting of Atlas for Land Reclamation to consider …

Company News

27 April 2015 00:33 PM Atlas eyes majority stake in agricultural firm

Shareholders of Atlas for Land Reclamation and Agricultural Processing Co. approved buying a majority stake of at least 60% in Al-Mona for Agricultural Development Co. at EGP 42.75 per share.In the same vein, the shareholders rejected buying a …

Corporate Actions

4 February 2015 10:09 AM Major events on EGX for Wednesday

Cairo-Mubasher: Investors are anticipating the following events related to some companies listed on the Egyptian bourse on Wednesday, February 4: Extraordinary general meeting of GB Auto to discus raising issued and authorized capital Board …

Company News

27 January 2015 10:11 AM Major events to affect EGX on Tuesday

Cairo- Mubasher: Traders and investors are anticipating a number of events related to their listed companies on Tuesday.Today is the deadline for the rights issue launched by Atlas Land Reclamation …

Company News

31 December 2014 10:52 AM Major events on EGX for Wednesday

Investors in the Egyptian Exchange (EGX) are scheduled to see the following events, which are related to their listed companies, on Wednesday, December 31, 2014.- October Pharma pays the second installment of coupon No. 6 at EGP 2 per …

Corporate Actions

29 December 2014 10:22 AM Major events on EGX for Monday

Investors anticipate the following events about some EGX listed companies on Monday, Dec. 29:-    Start of Atlas for Land Reclamation secondary offering to increase issued and paid-in capital from EGP 20 million to EGP 60 million. Shareholders of …

Company News

10 December 2014 11:00 AM ATLAS to launch rights issue Dec 29

Atlas Land Reclamation & Agricultural Processing (ATLAS) announced that its rights issue will kick off on Monday, December 29 till January 27, 2015.The company is seeking to increase issued and paid-in capital from EGP 20 million to …

Company News

8 December 2014 00:21 PM ATLAS gets regulator’s nod on capital hike

The Egyptian Financial Supervisory Authority (EFSA) said on Monday it approved a request from Atlas Land Reclamation & Agricultural Processing (ATLAS) to raise its capital to EGP 60 million from EGP 20 million.The EPG 40 million increase will be …

Company News

14 September 2014 00:02 PM Atlas Land Reclamation EGM endorses capital hike

The extraordinary general meeting of Atlas for Land Reclamation and Agricultural Processing endorsed on Saturday, September 13 increasing issued and paid-in capital to EGP 60 million from EGP 20 million. The EGP 40 million is divided into …

Corporate Actions

27 August 2014 06:17 PM Atlas EGM to consider capital hike September 13

Atlas for Land Reclamation and Agricultural Processing announced that an extraordinary general meeting will be held on Saturday, September 13.The EGM will look into increasing issued capital to EGP 60 million from EGP 20 million. The EGP …

Company News

20 August 2014 02:07 PM EGX approves Atlas EGP40mln capital increase

The securities listing committee of the Egyptian Exchange (EGX) has approved today a request received from Atlas for Land Reclamation and Agricultural Processing to raise issued capital by EGP 40 million to EGP 60 million from EGP 20 …

Company News

17 August 2014 11:15 AM ATLAS reports 98% profit slump in H1-14

Atlas Land Reclamation & Agricultural Processing (ATLAS) posted a drop by 98% in H1-14 net profit to EGP 47 thousand, from EGP 2.4 million net profit in H1-13.FY13 net profit had amounted to EGP 1.2 million, compared with EGP 2 …

Company News