SODIC EGM To Discuss Capital Hike On July 13

Six of October Development & Investment (SODIC) (OCDI) announced that the company will hold an Extraordinary General Meeting (EGM) on July 13, 2014 to discuss increasing the company’s  Issued capital by LE 1 billion distributed on 250 million shares with a LE 4 par value.

The company added in a statement to the stock exchange that the EGM will also look into authorizing the board of directors to amend articles 6, 7 of incorporation according to subscription results.

Source: EGX & Arab Finance