Egypt's Raya Holding aims capital hike to EGP630.6mn


(MENAFN) Raya Holding for Financial Investment's board confirmed growing issued capital by EGP125.9mn to EGP630.58mn from EGP504.6mn amid distributing bonus shares.

Moreover, the board has assigned the firm's chairman to present the capital hike before the firm"s shareholders at the ordinary general meeting.

Recently, the firm's capital amounts to EGP504.6mn distributed over 100.9mn shares, with a par value of EGP5 per share.

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