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Sarwa Capital to start paying 2019 dividends late April
14 - Tue - Apr - 2020
Sarwa Capital to start paying 2019 dividends late April
Sarwa Capital Holding for Financial Investments (SRWA) announced the payment date for fiscal year 2019 cash dividends to be on April 29th.Meanwhile, the ex-dividend of the EGP 0.10 a share distribution will be on April 26th, according to an EGX statement.On March 30th, the shareholders approved the…
Saudi Egyptian Investment to pay FY 2019 dividends late April
14 - Tue - Apr - 2020
Saudi Egyptian Investment to pay FY 2019 dividends late April
Saudi Egyptian Investment and Finance (SEIG) announced that the cash dividends denominated in EGP will be paid on April 29th.The ex-dividend date for the EGP 2.25 per share distribution will be on April 26th, according to an EGX statement.On March 25th, the shareholders approved the board’s proposed…
EGX limits Utopia’s share price upon dividends
14 - Tue - Apr - 2020
EGX limits Utopia’s share price upon dividends
The Egyptian Exchange (EGX) decided to limit down the share price of Utopia for Real Estate (UTOP) 24.737%, according to an EGX statement.Meanwhile, this will be applied as of the closing price on April 13th, the ex-dividend date for the EGP 1.5 a share.On March 24th, the shareholders approved…
Rubex International’s shareholders approve capital raise
14 - Tue - Apr - 2020
Rubex International’s shareholders approve capital raise
The extraordinary general meeting (EGM) of Rubex International for Plastic and Acrylic Manufacturing approved a proposal to raise its issued and paid-up capital via a rights issue.  Shareholders agreed to increase the company’s capital to EGP 150 million from EGP 100 million through the issuance of 10 million…
Lecico closes Borg El-Arab factory after coronavirus case
14 - Tue - Apr - 2020
Lecico closes Borg El-Arab factory after coronavirus case
Lecico Egypt announced the closure of its Lecico for Ceramics Sanitary Ware factory in Alexandria for two weeks after two of its workers tested positive for the novel coronavirus (COVID-19).All staff at the Borg El Arab-based factory were sent home to self-isolate for 14 days in…