Mubasher TV
Contact Us Advertising   العربية

Egysacom OGM approves doubling capital

Egysacom OGM approves doubling capital
Photo Credit: Arabianeye-Reuters
Egysacom
ESAC
12.50% 0.09 0.01

Cairo - Mubasher: The ordinary general meeting (OGM) of Egypt South Africa for Communication (Egysacom) has approved raising the company’s capital by around 100%, from EGP 6.3 million to EGP 12.7 million, according to a bourse filing.

The company said in a statement to the Egyptian Exchange (EGX) on Sunday that the OGM also approved increasing the authorised capital from EGP 10 million to EGP 20 million.