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Egypt's HDB says rights issue 71 pct covered - Daily News Egypt

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Egypt's HDB says rights issue 71 pct covered

Egypt’s Housing and Development Bank said a rights issue had been 70.8 percent covered, the stock exchange reported on Monday. The rights issue was part of plans to raise the bank’s capital by LE 930 million ($168 million). The amount not raised by the rights issue was to come from selling shares to the public …


Egypt’s Housing and Development Bank said a rights issue had been 70.8 percent covered, the stock exchange reported on Monday.

The rights issue was part of plans to raise the bank’s capital by LE 930 million ($168 million). The amount not raised by the rights issue was to come from selling shares to the public and employees.

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https://www.dailynewsegypt.com/2010/05/03/egypts-hdb-says-rights-issue-71-pct-covered/
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