{"id":625818,"date":"2018-08-15T04:11:48","date_gmt":"2018-08-15T04:11:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/"},"modified":"2018-08-15T04:11:48","modified_gmt":"2018-08-15T04:11:48","slug":"obour-land-applies-for-egp-400-mn-capital-increase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/","title":{"rendered":"Obour Land applies for EGP 400 mn capital increase"},"content":{"rendered":"

Obour Land has submitted a request to the Financial Regulatory Authority (FRA) to increase its issued capital to EGP 400 mn from EGP 200 mn, according to an EGX filing (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Obour Land has submitted a request to the Financial Regulatory Authority (FRA) to increase its issued capital to EGP 400 mn from EGP 200 mn, according to an EGX filing (pdf).<\/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-625818","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"4925c8ab-dbe3-484d-bef1-76acc1ad2785","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Obour Land applies for EGP 400 mn capital increase","related_issue":[625785],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.f157ca33-b122-4086-80cd-3c04a4016114.mp3"},"yoast_head":"\nObour Land applies for EGP 400 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\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obour Land applies for EGP 400 mn capital increase\" \/>\n<meta property=\"og:description\" content=\"Obour Land has submitted a request to the Financial Regulatory Authority (FRA) to increase its issued capital to EGP 400 mn from EGP 200 mn, according to an EGX filing (pdf).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-15T04:11:48+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\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Obour Land applies for EGP 400 mn capital increase\",\"datePublished\":\"2018-08-15T04:11:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/\"},\"wordCount\":37,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/obour-land-applies-for-egp-400-mn-capital-increase\/\",\"name\":\"Obour Land applies for EGP 400 mn capital increase - 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The new subsidiary will have EGP 50 mn in issued capital.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638635,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/10\/obour-land-to-set-up-milk-production-project-worth-egp-105-115-mn\/","url_meta":{"origin":625818,"position":1},"title":"Obour Land to set up milk production project worth EGP 105-115 mn","author":"enterpriseam admin","date":"10 October 2017","format":false,"excerpt":"Obour Land announced its intention to establish a milk production project at an investment cost of EGP 105-115 mn, according to a bourse disclosure. The cost will be financed over three years and will be developed over 35 feddans. Obour Land aims to produce 50 tonnes of milk a day\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637752,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/","url_meta":{"origin":625818,"position":2},"title":"Obour Land to set up subsidiary for dairy production","author":"enterpriseam admin","date":"23 November 2017","format":false,"excerpt":"Obour Land\u2019s board of directors approved establishing Obour Farm, a subsidiary that will focus on producing dairy products, according to a bourse statement. The company will be 98% owned by Obour Land and will have EGP 50 mn in issued capital and EGP 500 in authorized capital.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637116,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/earnings-watch-obour-land-2\/","url_meta":{"origin":625818,"position":3},"title":"Earnings Watch: Obour Land","author":"enterpriseam admin","date":"8 November 2017","format":false,"excerpt":"EARNINGS WATCH- Cheese maker Obour Land reported its 9M2017 net profit increased to EGP 176.5 mn from EGP 110.1 mn a year earlier. Revenues also increased to EGP 1.46 bn from EGP 1.05 bn during the period.","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601598,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/egyptian-cheese-maker-obour-land-records-egp-232-2-in-2018-profits\/","url_meta":{"origin":625818,"position":4},"title":"Egyptian cheese maker Obour Land records EGP 232.2 in 2018 profits","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"EARNINGS WATCH- Egyptian cheese maker Obour Land recorded a net profit of EGP 236.2 mn in FY2018, down 2.4% y-o-y from EGP 243.2 mn during the previous year, according to its earnings release (pdf). 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