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Real Estate Consortium OGM to discuss bonus shares 27 April

Real Estate Consortium OGM to discuss bonus shares 27 April
The Egyptian Exchange (Photo credit: Mubasher)

Cairo – Mubasher: Real Estate Egyptian Consortium said Tuesday that it will hold an ordinary general meeting (OGM) on 27 April to discuss a proposal to distribute 1-for-8 bonus shares, totalling 1 million bonus shares.

Furthermore, the OGM will look into financial statements for the year ended on 31 December 2016, in addition to the board and auditor’s reports on the year, according to a bourse filing.

The stock fell on Monday by 0.87% to EGP 11.35.