Cairo – Mubasher: The board of Dice Sport and Casual Wear has recommended an increase of EGP 200 million in the authorised capital to EGP 500 million instead of EGP 300 million.
The board also proposed to raise the issued capital by EGP 265 million to stand at EGP 371 million instead of EGP 106 million, according to a bourse filing on Wednesday.
Dice aims to increase the issued capital through subscription by issuing 1.32 billion shares at a par value of EGP 0.2 per share.
