El-Sadeem raises its issued and paid-up capital to EGP 200 million
An extraordinary general assembly of El-Sadeem approved raising the company's issued and fully paid-up capital to EGP 200 million, out of an authorized capital of EGP 1 billion, after payment of the increase was completed.
The increase brought in new shareholders who hold 10% of the company's capital. El-Sadeem has directed the capital toward expanding production, increasing its stakes in producing companies, developing its assets and raising their efficiency, and strengthening sales and marketing, in line with the direction approved by the board of directors.
- EGP 200 Million
- Issued and fully paid-up capital
- EGP 1 Billion
- Authorized capital
- 10%
- Held by the new shareholders
