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KABO to discuss capital hike 17 January

KABO to discuss capital hike 17 January
Photo Credit: Arabianeye-Reuters
KABO
KABO
-5.37% 2.29 -0.13

Cairo - Mubasher: El Nasr Clothing and Textiles (KABO) announced that its extraordinary general meeting (EGM) on 17 January will discuss raising the company’s capital by EGP 130 million, according to a bourse filing.

The capital increase from EGP 338.6 million to EGP 468.6 million through the subscription of old shareholders at 0.38% per share.