Home Tech/AIIndustry & Trade Juhayna to Boost its capital to EGP941.405mln

Juhayna to Boost its capital to EGP941.405mln

by Salma Ayman

Juhayna Food Industries SAE (JUFO.CA) stated that it will surge its issued capital by EGP 235.351 million from EGP 706.053 million to eventually record EGP 941.405 million, to be financed from profits and retained earnings according to the financial statements as on December 31, 2013.
This capital raise will be implemented through distributing 235351271 bonus shares at 0.33333333427-for-1.

Shareholders of record till the close of trading on Sunday, July 6 will be eligible for this distribution.

The distribution will start as of July 7 through for central Clearing, Depository and Registry (MCDR).

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