{"id":598618,"date":"2019-05-29T04:03:56","date_gmt":"2019-05-29T04:03:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/"},"modified":"2019-05-29T04:03:56","modified_gmt":"2019-05-29T04:03:56","slug":"mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/","title":{"rendered":"MM raises issued capital to EGP 383 mn from EGP 306 mn"},"content":{"rendered":"

MM Group for Industry and International Trade (MTI) has increased its issued capital to EGP 383.6 mn from EGP 306.9 mn by issuing EGP 76.7 mn-worth of bonus shares, the company said in a bourse disclosure (pdf)<\/a>. The issuance will be financed from its 2018 retained earnings.<\/p>\n","protected":false},"excerpt":{"rendered":"

MM Group for Industry and International Trade (MTI) has increased its issued capital to EGP 383.6 mn from EGP 306.9 mn by issuing EGP 76.7 mn-worth of bonus shares, the company said in a bourse disclosure (pdf). The issuance will be financed from its 2018 retained earnings.<\/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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598618","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"16a8f2d5-d37f-40c8-a275-d34dc7f2bc21","is_powered_by":true,"section_story_id":"f83cc1fe-66e3-4116-94ad-77b71d08dbb3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598578],"teaser":"","voice_url":""},"yoast_head":"\nMM raises issued capital to EGP 383 mn from EGP 306 mn - 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\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MM raises issued capital to EGP 383 mn from EGP 306 mn\" \/>\n<meta property=\"og:description\" content=\"MM Group for Industry and International Trade (MTI) has increased its issued capital to EGP 383.6 mn from EGP 306.9 mn by issuing EGP 76.7 mn-worth of bonus shares, the company said in a bourse disclosure (pdf). The issuance will be financed from its 2018 retained earnings.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-29T04:03:56+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\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MM raises issued capital to EGP 383 mn from EGP 306 mn\",\"datePublished\":\"2019-05-29T04:03:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/\"},\"wordCount\":53,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/mm-raises-issued-capital-to-egp-383-mn-from-egp-306-mn\/\",\"name\":\"MM raises issued capital to EGP 383 mn from EGP 306 mn - 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Sarwa Capital also served as financial advisor on the transaction. The issuance is backed by securitised mortgage contracts worth EGP 281 mn. We had noted Sarwa Capital was seeking regulatory approval\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631137,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/fra-approves-capital-increase-requests-from-mnhd-porto-group-eg-bank-naeem-holding\/","url_meta":{"origin":598618,"position":3},"title":"FRA approves capital increase requests from MNHD, Porto Group, EG Bank, Naeem Holding","author":"enterpriseam admin","date":"11 March 2018","format":false,"excerpt":"The Financial Regulatory Authority (FRA) approved on Thursday EG Bank\u2019s request to raise its issued capital USD 22.5 mn to reach USD 365.3 mn, to be funded through its 2017 earnings, according to an EGX statement (pdf). The FRA also approved Naeem Holding\u2019s request for a USD 21.9 mn capital\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600525,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/egx-approves-issued-capital-increase-for-cib-orascom-development\/","url_meta":{"origin":598618,"position":4},"title":"EGX approves issued capital increase for CIB, Orascom Development","author":"enterpriseam admin","date":"31 January 2019","format":false,"excerpt":"The EGX has approved CIB\u2019s c.EGP 2.92 bn issued capital increase, according to a bourse statement (pdf). 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