Cairo – Mubasher: Abu Qir Fertilizers’ ordinary general meeting (OGM) has approved to raise the issued and paid-up capital from EGP 1.26 billion to EGP 1.89 billion via distributing 0.5 bonus share for each ordinary share.

The OGM also agreed to amend articles number 6 and 7 of the statute, a bourse filing said on Thursday.

The company is capitalised at EGP 1.2 billion distributed across 84.15 million shares with a nominal value of EGP 15.