Thndr Claps » EGY Claps » Tech 📲 » E-Finance BoD Approves 4% Capital Increase🎁
The extraordinary general assembly of E-Finance (EFIH) has agreed to raise the company’s capital from EGP 888.8 million to EGP 924.4 million.
More Details🧐 The 4% capital increase represents EGP 35.5 million to be distributed over 71.1 million shares at a par value of EGP 0.5/share.
Why is this Important🤔 The raised capital will go towards the company’s employee rewards & incentives program.
EFIH closed yesterday’s trading session up 3.09%.
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