Kima Egypt Obtains EGP300mn Loan to finance rehabilitation

By Salma Ayman On Sep 18, 2014

Egyptian Chemical Industries (Kima) (EGCH.CA) announced that it has obtained EGP300 million loan from Chemical Industries Holding Company in order to continue liquidity to start the project of rehabilitation the company to operate with natural gas instead of the electric energy.

Kima’s capital ups to EGP1.890 billion distributing over 378 million shares with a nominal value of 5 pounds for per share.