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Madinet Masr to grant bonus shares in upcoming assembly

Businessmen Team stock_market 24 January 2026 09:44 PM
Share Article:
Madinet Masr to grant bonus shares in upcoming assembly

Madinet Masr for Housing and Development decided to convene its Ordinary General Assembly on Sunday, February 15, 2026.

The company said in a disclosure that the assembly will consider approving a resolution to waive the treasury shares owned by the company and grant them as bonus shares to shareholders.

The company confirmed that it has already obtained approval from the Financial Regulatory Authority to implement this measure.