Development & Engineering Consultants
DAPH
0.00%
56.38
0.00
DAPH
Cairo – Mubasher: Development & Engineering Consultants Co. (Tameer) said it was cleared by the firm’s extraordinary general meeting (EGM) to reduce the stock’s par value to EGP 9 from EGP 14.
The EGM also approved amending articles of incorporation accordingly.
The engineering company previously posted EGP 32.1 million in net profits for 2014, a drop of 16% year-on-year.
Source:
Mubasher