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4 events awaiting the Egyptian Stock Exchange shareholders in the first week of July


The shareholders of the Egyptian Stock Exchange are awaiting 4 major events during the first week of July, most notably the general contract of MM Group for Industry and International Trade, Orascom Investment Holding, the expiry of the right to distribute the GlaxoSmithKline coupon, and the consideration of the case of the First Investment and Real Estate Development Company.

 

The events of the Egyptian Stock Exchange begin today, Saturday, with the holding of the Ordinary General Assembly of MM Group for Industry and International Trade, to renew the term of the members of the board of directors and determine their terms of reference, in accordance with Article 21 of the articles of association, and on the next day the right to distribute the GlaxoSmithKline coupon passes to the stock buyer until The end of the session on Sunday, and the distribution of coupon No. (19) will start at 0.500 pounds per share, as of July 7.

 

 

On the same day, the Orascom Investment Holding Company’s Ordinary General Assembly will be held, via video conference, to ratify the Board of Directors’ report on the company’s activity during the financial year ending on December 31, 2020, and the company’s auditor’s report to the management on the company’s activity during the financial year ending on December 31, 2020. 2020, approving the company’s profit and loss distribution account for the financial year ending on December 31, 2020, releasing the chairman and members of the board of directors from liability, approving the changes that occurred in the formation of the company’s board of directors, determining attendance and moving bonuses and allowances for members, and approving the governance report for the fiscal year Expired on December 31, 2020, and the authorization to enter into netting contracts.

 

The events of the stock exchange conclude today, Wednesday, July 7, with the hearing of lawsuit No. 1387 of 95 Q.P.S.C and its subject matter is the appeal of the judgment of the first degree litigation in lawsuit 1102 of 2017.

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