ArabFinance: Giza General Contracting and Real Estate Investment Company decided to split its stocks par value from EGP 1 to EGP 0.20 for the shareholder recorded on January 26th, according to the company statement filed to the Egyptian Exchange.
The companys shares will be traded after the stock split on January 27th.
Giza General Contractings extraordinary general meeting approved, on December 19th, 1:5 stock split.
The listed company stated that it has been assigned to a project in Minya amounting to EGP 190 million.
Giza General Contracting is an Egypt-based public shareholding company that operates in the construction and engineering industries sector.
The company is primarily involved in general contracting activities; operation, manufacture, and trade in all requirements of the contracting industry.
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