Orascom Development Egypt (S.A.E)EGX: ORHD

Release from Orascom Development Egypt (ORHD.CA) Concerning a Stock Dividends

· Issued by Orascom Development Egypt (S.A.E) via Egyptian Exchange

Filed with EGX · · 3 pages · Arabic and English

Summary by 6ix AI

Orascom Development Egypt has announced a stock dividend increase following resolutions from its General Meetings held in June. The company's issued capital will rise significantly, funded by shareholders' profit distributions, resulting in the issuance of bonus shares. Shareholders will receive bonus shares at a specified rate for each existing share held before the increase, with distribution starting in October.

Written in English by 6ix AI from the company’s Arabic-language filing. How 6ix writes summaries

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