Cairo - Mubasher: The extraordinary general meeting (EGM) of Nasr Company for Civil Works approved raising its issued and paid-up capital by EGP 150 million to EGP 360 million from EGP 210 million.
The hike will be implemented through a rights issue subscription for existing shareholders, according to a bourse filing.
Meanwhile, the subscription will cover 150 million new shares, with a nominal value of EGP 1 per share.
It is worth noting that the subscription rights will be traded separately from the original shares.
