July 21 .. The End Of The Right…

July 21 .. The End Of The Right To Subscribe To The Capital Increase, “Marseilia” With 20

Announced that the General Authority for Financial Control agreed tentatively from the Marseilia Egyptian Gulf Real Estate Investment, publish the invitation to existing shareholders to subscribe for shares of the capital increase of the company’s issued from 40 million pounds to 60 million pounds, an increase of 20 million Egyptian pounds to issue number 20 million shares worth nominal 1 pound per share.

The bourse said in a statement received “directly” on a copy of it, that the holder the right to subscribe to their old shareholders and the holders of the company cash dividends until the end of trading session on 21 July.
The company achieved a net loss of 6 million pounds during the first quarter of 2014, compared to a profit of 3.4 million pounds in the first quarter of 2013.

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