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General Assembly

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2 December 03:27 PM Sadr Logistics' EGM nods capital increase to SAR 175m
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Sadr Logistics Company has approved a 600% capital increase by offering the right issues. The capital will rise by SAR 150 million to SAR 175 million, compared to SAR 25 million, …
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1 December 06:17 PM Aljazira Takaful’s shareholders nod to 17% capital hike
Riyadh – Mubasher: The shareholders of Aljazira Takaful Taawuni Company approved, during the extraordinary general meeting (EGM), to increase the capital by 16.86% after granting 0.1686 shares for every one owned share. The company will capitalise …
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29 November 01:30 PM Thimar reveals new company name
Riyadh – Mubasher: The shareholders of the National Agricultural Marketing Company (Thimar) gave the green light to change the company name during the extraordinary general meeting (EGM) on 12 October. The new company name will be Thimar …
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28 November 11:37 AM Ibnsina Pharma's EGM approves capital raise through bonus shares
Cairo – Mubasher: The extraordinary general meeting (EGM) of Ibnsina Pharma has approved an increase in the company's issued capital to EGP 280 million from EGP 240 million through the issuance of bonus shares. The company's issued capital is …
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21 November 12:59 PM Heliopolis Housing’s shareholders approve FY20/21 dividends
Cairo – Mubasher: The shareholders of Heliopolis Company for Housing and Development gave the green light for distributing a cash dividend of EGP 0.10 per share for fiscal year (FY) 2020/2021. The real estate developer will pay the dividend amount …
The extraordinary general meeting decided to cancel 20 million treasury shares
14 November 01:00 PM Eastern Company's shareholders nod to dividend for FY20/21, cancellation of treasury shares
Cairo – Mubasher: The ordinary general meeting (OGM) of the Eastern Company approved a proposal to distribute a cash dividend of EGP 1.60 per share for fiscal year (FY) 2020/2021.  The dividends will be disbursed in two instalments; the first …
The bank will increase its capital by issuing 13% of bonus shares
11 November 11:57 AM Mashreq Bank's OGM approves capital raise by issuing bonus shares
Dubai - Mubasher: The ordinary general meeting (OGM) of Mashreq Bank has approved a capital raise to AED 2.006 billion by issuing bonus shares. The bank will increase its capital by issuing 13% of bonus shares totaling 23.079 million units based …
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10 November 05:31 PM Ayyan Investment’s shareholders nod to SAR 69m capital raise
Riyadh – Mubasher: The shareholders of Ayyan Investment Company gave the green light for the board’s recommendation to increase the capital by SAR 69.04 million, representing 9.4%, to acquire equity in Al Ahsa Medical Services company. Following …
The company will pay EGP 0.20 per share
8 November 11:20 AM Juhayna's shareholders nod to dividend for 2020
Cairo – Mubasher: The ordinary general meeting (OGM) of Juhayna Food Industries approved a cash dividend distribution for 2020.  The company will pay EGP 0.20 per share as cash dividends for the year ended 31 December 2020, according to a bourse …
The insurer will pay EGP 23.5 million to shareholders
4 November 03:02 PM Mohandes Insurance's shareholders nod to dividend for FY20/21
Cairo – Mubasher: The ordinary general meeting (OGM) of Mohandes Insurance approved a cash dividend distribution of EGP 0.25 per share for the earnings of the fiscal year (FY) 2020/2021. The insurer will pay EGP 23.5 million to shareholders over …
The company seeks to acquire assets in education
4 November 01:51 PM Alkhaleej Training's EGM approves capital raise by SAR 200m
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Alkhaleej Training and Education Company has approved a capital increase by SAR 200 million. By offering 20 million rights shares, the company seeks to raise the capital to acquire …
The issued and paid-up capital will be increased to EGP 290 million
3 November 01:34 PM Arab Dairy's shareholders nod to capital increase
Cairo – Mubasher: The Arab Dairy Products Co. (Panda) said that its ordinary general meeting (OGM) approved a decision to increase the company’s issued and paid-up capital through a rights issue.  The issued and paid-up capital will be increased …
The total dividends amount to EGP 47.85 million
2 November 01:14 PM Middle Egypt Flour Mills shareholders approve EGP 3.25/shr dividend
Cairo – Mubasher: The ordinary general meeting (OGM) of Middle Egypt Flour Mills approved a proposal to distribute cash dividends of EGP 3.25 per share for fiscal year (FY) 2020/2021.  The total dividends amount to EGP 47.85 million for the year …
The capital will be raised by EGP 35.652 million
28 October 12:24 PM Beltone Financial Holding's shareholders nod to capital raise
Cairo – Mubasher: The ordinary general meeting (OGM) of Beltone Financial Holding approved a proposal to increase the company’s issued and paid-up capital to EGP 926.957 million from EGP 891.305 million. The capital will be raised by EGP 35.652 …
The company also decided to dismiss the Deputy Chairman and Managing Director
27 October 01:02 PM Marseilia approves moving to main market, developing new land plot
Cairo – Mubasher: The board of directors of Marseilia Almasreia Alkhalegeya Real Estate Investment agreed to enter into partnership with the Northern Military Region to develop a land plot in Alexandria. The board also decided to begin procedures …
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24 October 11:00 AM Thoub Al Aseel’s shareholders approve 33% capital raise
Riyadh – Mubasher: The shareholders of Thoub Al Aseel Company have agreed to increase the capital by SAR 100 million or 33% through the issuance of 10 million bonus shares. The company aims to raise the capital to SAR 400 million distributed over …