April 12, 2021

El Obour for Real Estate okays capital hike


ArabFinance: El Obour Company for Real Estate Investment's (OBRI) extraordinary general assembly ratified the issued and paid-in capital increase by EGP 58.761 million, as well as authorized capital increase to EGP 120 million, according to the company's April 11th statement.

The ordinary general assembly that took place on April 10th cancelled the dividends for 2020.

El Obour for Real Estate posted a net profit of EGP 2.062 million in 2020, compared to EGP 2.015 million in 2019.

Established in 1994, El Ebour operates within the real estate sector, focusing on diversified real estate activities.

arabfinance


Categories : real estate

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