Cairo – Mubasher: Egyptian Modern Education Systems said it will hold extraordinary general meeting on 5 September 2016 in order to discuss increasing the company’s capital from EGP 8.89 million to EGP 16 million , through distributing bonus shares.
The capital increase will effective through distributing bonus shares at 8 to 10 and will be financed through the deferred dividends for the fiscal year ended 30 June 2015.
The company profits surged 115% to EGP 4 million in the fiscal year ended 30 June 2015.
