Cairo - Mubasher: El-Ebour Co. for Real Estate Investment has recorded a 90.46% subscription coverage ratio to the company's capital raise.

Around 10.631 million shares were issued at a total value of EGP 54.43 million or a nominal value of EGP 5 per share, according to a bourse filing on Thursday.

It is noteworthy to mention that during the first nine months of 2021, the company's net profits increased to about EGP 831,140, compared to EGP 668,440 in the year-ago period.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.