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Integrated Engineering board approves capital top-up

Integrated Engineering board approves capital top-up
Photo Credit: Company's Website

Cairo – Mubasher: The board of Integrated Engineering Group g(INEG) ave the green light to capital top-up to EGP12 million from EGP3 million, distributed over 45 million shares at a par value of EGP0.20 each as per the latest right issue.

The board of directors also approved amending articles no. 6 and 7 of the memorandum. Thus, article six provides that INEG licensed capital is EGP30 million, while the issued amount is EGP12 million distributed over 60 million shares at a par value of EGP0.20 each.