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English news

06-Jun-2016

Electro cable shareholders approve 1:20 bonus shares issue

Electro Cable Egypt Company (ELEC.CA) shareholders' approved a 1:20 bonus shares issue (EGP26 mn); raising the company’s paid-in capital from EGP521.2mn to EGP547.3mn. The bonus issue will be financed from the company’s 2015 earnings. (Company Disclosure)

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