ArabFinance: Shams Housing (ELSH) has decided to increase issued capital from EGP 121 million to EGP 181.5 million with an increase amounting to EGP 60.5 million.
The increase will be distributed on 60.5 million shares at the par value of EGP 1 per share.
The company will distribute of 0.50 free stock, for every existing one held before increasing the capital, to shareholders who recorded on 29/12/2019 and will be disbursed on 30/12/2019.
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