Cairo – Mubasher: The ordinary general meeting (OGM) of International Dry Ice approved raising the company’s capital by distributing 1-for-3 bonus shares.
The top-up will be financed through the company’s retained earnings as well as profits registered in 2015 financial statements, the company said in a bourse filing.
Thus, the company’s capital will stand at EGP9.3 million following capital top-up.
As per the financial statements, the company earned EGP290.4 million in 2015, compared to EGP1 million in 2014.
