Cairo – Mubasher: Porto Group Holding recommended distributing bonus shares in 1:5 ratio.

The Egyptian real estate firm decided to distribute bonus shares for 2016 retained profits and part of the profits for 2017, the company highlighted in a filing to the Egyptian Exchange (EGX) on Wednesday.

The EGX-listed company’s capital amounts to EGP 501.5 million distributed over 5.015 billion shares at a par value of 0.10 per share.