Cairo – Mubasher: Development and Engineering Consultants Company (Tameer) said Monday that its ordinary general meeting (OGM) has approved to distribute cash dividends of 0.62 per share and 1-for-10 bonus shares for fiscal year 2016.

The OGM also adopted the financial statements for the year ended on 31 December 2016, according to a bourse filing.

Meanwhile, the extraordinary general meeting has agreed to raise the capital from EGP 226.8 million to EGP 249.48 million via distributing 17.82 million shares with a nominal value of EGP 14.

Furthermore, the EGM voted for amending articles number (6) and (7) of the company’s statute.