{"id":648041,"date":"2017-05-25T04:13:47","date_gmt":"2017-05-25T04:13:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/"},"modified":"2017-05-25T04:13:47","modified_gmt":"2017-05-25T04:13:47","slug":"lg-egypt-to-raise-capital-to-egp-3-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/","title":{"rendered":"LG Egypt to raise capital to EGP 3 bn"},"content":{"rendered":"

LG Electronics decided to raise its Egypt capital EGP 100 mn to EGP 3 bn, LG Egypt\u2019s managing director Don Kwack informed Investment and International Cooperation Minister Sahar Nasr yesterday, Al Mal reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

LG Electronics decided to raise its Egypt capital EGP 100 mn to EGP 3 bn, LG Egypt\u2019s managing director Don Kwack informed Investment and International Cooperation Minister Sahar Nasr yesterday, Al Mal reports.<\/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-648041","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":"5e3383be-e645-43fd-a8fc-f3fb5f3705dd","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648002],"teaser":"","voice_url":""},"yoast_head":"\nLG Egypt to raise capital to EGP 3 bn - 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\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LG Egypt to raise capital to EGP 3 bn\" \/>\n<meta property=\"og:description\" content=\"LG Electronics decided to raise its Egypt capital EGP 100 mn to EGP 3 bn, LG Egypt\u2019s managing director Don Kwack informed Investment and International Cooperation Minister Sahar Nasr yesterday, Al Mal reports.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-25T04:13:47+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\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"LG Egypt to raise capital to EGP 3 bn\",\"datePublished\":\"2017-05-25T04:13:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/\"},\"wordCount\":40,\"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\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/lg-egypt-to-raise-capital-to-egp-3-bn\/\",\"name\":\"LG Egypt to raise capital to EGP 3 bn - 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The transaction brings its total issued capital to EGP 16.4 bn from EGP 1 bn in compliance with new listing requirements\u2026","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":632893,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/21\/export-councils-to-lobby-house-for-raising-export-subsidies-to-egp-5-6-bn\/","url_meta":{"origin":648041,"position":2},"title":"Export councils to lobby House for raising export subsidies to EGP 5-6 bn","author":"enterpriseam admin","date":"21 February 2018","format":false,"excerpt":"Export councils are planning to submit a request to the House of Representatives asking that they lobby the government to raise the allocated amount to export subsidies in the state budget to around EGP 5-6 bn from a current EGP 2.6 bn, Chemical and Fertilizers Export Council Chairman Khaled Abul\u2026","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":626022,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/","url_meta":{"origin":648041,"position":3},"title":"AIND files request to FRA for capital reduction","author":"enterpriseam admin","date":"28 August 2018","format":false,"excerpt":"Arabia Investment and Development Holding\u2019s (AIND) board of directors submitted a request to the Financial Regulatory Authority for a capital reduction to EGP 144 mn from EGP 480 mn. The company\u2019s board of directors approved last week a decision to reduce both issued and authorized capital by EGP 336 mn\u2026","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":599762,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/gth-planning-egp-11-2-bn-rights-issuance-on-the-egx\/","url_meta":{"origin":648041,"position":4},"title":"GTH planning EGP 11.2 bn rights issuance on the EGX","author":"enterpriseam admin","date":"9 January 2019","format":false,"excerpt":"Global Telecom Holding (GTH) is planning to raise its capital through a rights issue on the EGX worth EGP 11.2 bn to existing shareholders, according to a company statement (pdf). \u201cGTH intends to use the net proceeds from the rights offering to meet the Company\u2019s financial obligations through to the\u2026","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":639124,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/unionaire-looking-to-increase-its-capital-boost-sales-this-year\/","url_meta":{"origin":648041,"position":5},"title":"Unionaire looking to increase its capital, boost sales this year","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"Unionaire is looking to increase its capital to EGP 1 bn this year, up 36% from EGP 735 mn at the end of 2016, Al Masry Al Youm reports. 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