El Kahera Housing to Discuss Capital Cut by Feb. 27

El Kahera Housing & Development (ELKA.CA) will hold a general assembly meeting  on February27 in order to discuss reducing the issued and paid up capital of the firm through cancelling the treasury shares.

The Egyptian Financial Supervisory Authority (EFSA) has recently approved to hold the meeting regarding reducing its capital through cancelling the treasury shares which its value up 3.721.998 and the nominal share value reached EGP5 with EGP18.609.990 total value.

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