Lift Slab Misr approves stock spit
Creast mark For Contracting
CRST
CRST
Cairo – Mubasher: The Egyptian Co. For Construction Development (Lift Slab Misr) said its board of directors gave a nod to split the company’s stock at 1:2.
Following the stock split, the company’s par value will be reduced from EGP 10 per share to EGP 5 per share.
The company noted that the stock split aims to increase the liquidity of its shares.
Source:
Mubasher
