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Wednesday, 29 May 2019

MM raises issued capital to EGP 383 mn from EGP 306 mn

MM Group for Industry and International Trade (MTI) has increased its issued capital to EGP 383.6 mn from EGP 306.9 mn by issuing EGP 76.7 mn-worth of bonus shares, the company said in a bourse disclosure (pdf). The issuance will be financed from its 2018 retained earnings.

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