Provider: Wright Reports
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Rubex Plastics Announces Capital Increase
Rubex Plastics announced that it has submitted a Disclosure Form in accordance with the provisions of Article 16 of the Rules of Listing proceedings, as the Company's desire to get the no objection Authority for the implementation of procedures to invite the competent Authority of the Company to consider increasing the Company's capital issued and paid EGP 10 million increase in cash at par value amounting to EGP 5 per share and expenses of issuance of EGP 0.05 per share and inviting existing shareholders to subscribe to the planned monetary increase within the limits of the authorized capital of the Company, as well as the call Extraordinary General Assembly to consider the amendment of Article 6; 7 of the Company's bylaw in accordance with the planned monetary increase.
Latest Developments for Rubex for Plastic Manufacturing Co SAE
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