Cairo – Mubasher: Development and Engineering Consultants Company (DAPH) said Monday that its board has agreed to increase the issued and paid-up capital from EGP 226.8 million to EGP 249.48 million via distributing 1-for-10 bonus shares.

The value of the increase amounts to EGP 22.6 million, distributed across 1.62 million shares with a nominal value of EGP 14, and will be financed from profits of fiscal year 2016, according to a bourse filing.