EFSA Initially Approves Al-Moasher’s Capital Increase

The Egyptian Financial Supervisory Authority (EFSA) sent a release to the Egyptian Exchange (EGX) stating that it has initially approved Al-Moasher for Programming and Information Dissemination (AMPI)’s request to call for i existing shareholders to subscribe in the company’s issued capital increase from EGP 7.073 million to EGP 21.219 million. The EGP 14.146 million increase is distributed to 14.146 million securities at EGP 1 par value a share.

Shareholders as of 04/11/2012  are entitled to subscribe to 2 stocks per each one owned share.