UNITED COMPANY FOR HOUSING AND DEVELOPMENT UNIT.CA :

* BOARD APPROVES ISSUED AND PAID-UP CAPITAL INCREASE TO EGP 354 MILLION FROM EGP 283.2 MILLION

* CAPITAL INCREASE WILL BE THROUGH ISSUING 0.25 BONUS SHARE FOR EVERY 1 SHARE

Source:(https://bit.ly/2HnZn0L) Further company coverage: UNIT.CA

((Reuters.Briefs@thomsonreuters.com;))