HomeIndustry NewsArab Finance - The Financial Supervision Authority approves the split of the...

Arab Finance – The Financial Supervision Authority approves the split of the nominal value of Rubex International shares


Arab Finance: The Financial Supervisory Authority announced its approval to split the nominal value of a share Rubex International for Plastic and Acrylic Manufacturing (RUBX)from 2.5 pounds to 0.25 pounds, bringing the number of shares to 575,799,460 shares instead of 57,579,946 shares, according to what the Authority stated in Her statement Sent to the Egyptian Stock Exchange.

The company was established in 1987 and produces all types of plastic products and acrylic panels, as well as bathroom sets, including bathtubs, foot baths, and basins. Rubex Company owns an integrated factory complex on an area of ​​40,000 square meters in the Burj Al Arab industrial zone. It employs more than 550 employees and technicians.

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