Caro – Mubasher: Egyptian Chemical Industries Company (Kima) will hold an extraordinary general meeting (EGM) on 12 June to discuss raising the capital to EGP 2.9 billion via distributing bonus shares.

The EGM will also look into amending Article 6 of the company’s statute, a bourse filing said on Wednesday.

The company’s board had earlier approved to raise the issued capital from EGP 2.8 billion to EGP 2.9 billion through distributing bonus shares worth EGP 76.6 million.