Cairo - Mubasher: The extraordinary general meeting of Integrated Engineering Group gave go-ahead to increasing the company's issued capital from EGP 3 million to EGP 12 million, up by 9 million.

The company's existing shareholders would be entitled to subscribe in the right issue at 3 to 1 stocks without issuance allowance.

The right issue will be at the company's par value of EGP 20 per share.

Integrated Engineering posted earlier net profits of EGP 329,700 in the first half of 2015.