Cairo - Mubasher: The extraordinary general meeting (EGM) of Marseilia Almasreia Alkhalegeya Real Estate Investment unanimously approved splitting the share’s nominal value to EGP 0.50 from EGP 1 during a meeting on 4 December 2022.

This brings the total number of shares among which the company’s capital is distributed to 207.64 million, according to a bourse statement on Monday.

During the first half (H1) of 2022, the company incurred consolidated net losses of EGP 16.52 million, against net profits of EGP 10.66 million in the year-ago period, including minority shareholders’ rights.