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Dice requests regulatory approval for capital hike

Dice requests regulatory approval for capital hike
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Cairo – Mubasher: Dice Sport and Casual Wear submitted the required documents to the Egyptian Exchange (EGX) for listing its EGP 200 million capital increase value.

Dice aims to raise the authorised capital to EGP 500 million from EGP 300 million.

The Egyptian listed company also filed a request to the EGX to amend an article related to its head office and legal position, according to a bourse filing.

It is noteworthy to mention that on 17 November 2021, the company's board proposed a capital raise amounting to EGP 200 million.