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Mansoura Poultry OGM approves dividends

Mansoura Poultry OGM approves dividends
(Photo credit: Arabianeye - Reuters)
Mansoura Poultry
MPCO
-3.64% 1.27 -0.05

Cairo – Mubasher: Mansoura Poultry’s ordinary general meeting (OGM) has approved to distribute cash dividends of 60 piasters per share and 0.25 bonus share for each ordinary share for fiscal year 2016.

Meanwhile, the extraordinary general meeting (EGM) has agreed to raise the issued and paid-up capital from EGP 57.9 million to EGP 72.3 million, according to a bourse statement released on Tuesday.

Furthermore, the EGM approved to amend articles number 6 and 7 of the statute.