Cairo – Mubasher: The Egyptian Exchange (EGX) said it received a disclosure report from Rubex International for Plastic, regards the company’s intention to raise its authorized capital from EGP 50 million to EGP 500 million.

Meanwhile, the company seeks to raise its issued capital from EGP 50 million to EGP 100 million, up by EGP 50 million distributed across 10 million shares at EGP 5 par value each.

The firm is currently capitalized at EGP 50 million, distributed across 10 million shares at EGP 5 par value each.