Issued Capital
The rise will be by about LE 979.4 million, through distributing 97.7 million free shares, a share for every 10 shares funded by the general reserves of 2018.
The total issued capital of the new companies is worth LE 4.3 billion, with a 106 percent increase, compared to LE 2.1 billion in May 2017, the ministry said in its monthly bulletin.