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National Real Estate to distribute bonus shares Thursday

National Real Estate to distribute bonus shares Thursday
Photo Credit: Arabianeye-Reuters

Cairo-Mubasher: National Real Estate Bank for Development is starting to issue a bonus share for every nine held, on Thursday, in order to increase its capital to EGP 52.024 million.

The company has decided to raise the issued capital by EGP 5.2 million to EGP 52.024 million from EGP 46.830 million through the profits of FY14.