{"id":598319,"date":"2019-05-21T02:11:10","date_gmt":"2019-05-21T02:11:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/"},"modified":"2019-05-21T02:11:10","modified_gmt":"2019-05-21T02:11:10","slug":"fra-approves-marseilia-groups-egp-12-mn-capital-increase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/","title":{"rendered":"FRA approves Marseilia Group\u2019s EGP 12 mn capital increase"},"content":{"rendered":"

The Financial Regulatory Authority (FRA) has approved the EGP 12 mn capital increase of real estate company Marseilia Group, according to an EGX disclosure (pdf)<\/a>. The company will raise its capital to EGP 72 mn by issuing 1-for-5 shares. The increase will be financed by retained earnings and profits from FY2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Financial Regulatory Authority (FRA) has approved the EGP 12 mn capital increase of real estate company Marseilia Group, according to an EGX disclosure (pdf). The company will raise its capital to EGP 72 mn by issuing 1-for-5 shares. The increase will be financed by retained earnings and profits from FY2018.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,68,72,76,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598319","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-egx","tag-enterpriseam","tag-financial-regulatory-authority","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"f3c89540-85f2-45b6-be74-3b0689d29c2b","is_powered_by":true,"section_story_id":"b0fc223d-6817-4fe3-8532-5ca59c0dbd37","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598286],"teaser":"","voice_url":""},"yoast_head":"\nFRA approves Marseilia Group\u2019s EGP 12 mn capital increase - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA approves Marseilia Group\u2019s EGP 12 mn capital increase\" \/>\n<meta property=\"og:description\" content=\"The Financial Regulatory Authority (FRA) has approved the EGP 12 mn capital increase of real estate company Marseilia Group, according to an EGX disclosure (pdf). The company will raise its capital to EGP 72 mn by issuing 1-for-5 shares. The increase will be financed by retained earnings and profits from FY2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-21T02:11:10+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA approves Marseilia Group\u2019s EGP 12 mn capital increase\",\"datePublished\":\"2019-05-21T02:11:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/\"},\"wordCount\":58,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EGX\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"real estate\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/\",\"name\":\"FRA approves Marseilia Group\u2019s EGP 12 mn capital increase - 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