{"id":631685,"date":"2018-03-25T04:11:26","date_gmt":"2018-03-25T04:11:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/"},"modified":"2018-03-25T04:11:26","modified_gmt":"2018-03-25T04:11:26","slug":"egx-approves-sinai-cements-egp-680-5-mn-capital-increase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/","title":{"rendered":"EGX approves Sinai Cement\u2019s EGP 680.5 mn capital increase"},"content":{"rendered":"

The EGX approved on Thursday Sinai Cement\u2019s request to increase its issued capital to EGP 1.3 bn from EGP 680.5 mn, according to an EGX filing<\/a>. The capital increase will be by financed through a rights issue to existing shareholders. The new shares will be added to the EGX database as of today.<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX approved on Thursday Sinai Cement\u2019s request to increase its issued capital to EGP 1.3 bn from EGP 680.5 mn, according to an EGX filing. The capital increase will be by financed through a rights issue to existing shareholders. The new shares will be added to the EGX database as of today.<\/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":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631685","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"651f1219-2335-46ae-8455-05112e5615cb","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EGX approves Sinai Cement\u2019s EGP 680.5 mn capital increase","related_issue":[631644],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.b987d967-ae1e-4663-875a-2d90b61518a1.mp3"},"yoast_head":"\nEGX approves Sinai Cement\u2019s EGP 680.5 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\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX approves Sinai Cement\u2019s EGP 680.5 mn capital increase\" \/>\n<meta property=\"og:description\" content=\"The EGX approved on Thursday Sinai Cement\u2019s request to increase its issued capital to EGP 1.3 bn from EGP 680.5 mn, according to an EGX filing. The capital increase will be by financed through a rights issue to existing shareholders. The new shares will be added to the EGX database as of today.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-25T04:11:26+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\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGX approves Sinai Cement\u2019s EGP 680.5 mn capital increase\",\"datePublished\":\"2018-03-25T04:11:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/\"},\"wordCount\":61,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/egx-approves-sinai-cements-egp-680-5-mn-capital-increase\/\",\"name\":\"EGX approves Sinai Cement\u2019s EGP 680.5 mn capital increase - 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The company\u2019s total sales for the year rose 62.3% y-o-y to EGP 2.3 bn.MARKET ROUNDUP-The EGX30 rose 0.9% at today\u2019s close on turnover\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595750,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/beltone-financial-shareholders-approve-capital-increase-to-egp-898-4-mn\/","url_meta":{"origin":631685,"position":1},"title":"Beltone Financial shareholders approve capital increase to EGP 898.4 mn","author":"enterpriseam admin","date":"5 August 2019","format":false,"excerpt":"Beltone Financial shareholders have approved a capital increase to EGP 898.4 mn from EGP 338 mn, the company said in an EGX disclosure (pdf).","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545827,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/investor-acquired-7-5-of-sinai-cement-in-march\/","url_meta":{"origin":631685,"position":2},"title":"Investor acquired 7.5% of Sinai Cement in March","author":"enterpriseam admin","date":"13 April 2022","format":false,"excerpt":"Investor acquired 7.5% of Sinai Cement amid Vicat dispute settlement: The settlement of the dispute between Sinai Cement\u2019s parent company and the Egyptian government paved the way for an investor to acquire a 7.5% stake in the firm, four years after the purchase took place, Enterprise has learned. 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