Free Web Hosting by Netfirms
Web Hosting by Netfirms | Free Domain Names by Netfirms

Tenders Report of the Country Projects

 

Country-Plan Projects and Tenders

4 مليار جنيه حجم التوسع في الاستثمارات الجديدة للنساجون الشرقيون وزيادة راس المال بمقدار 300 مليون جنيه

Oriental Weavers Co. SAE to be soon searching its shareholders approval to increase its authorized capital from L.E. 200 million to L.E. 500 million.

Monday, October 31, 2005
Al Hayat
Tenth Ramadan
Oriental Weavers Co. SAE would be soon searching its shareholders approval to increase its authorized capital from L.E. 200 million to L.E. 500 million. Reuters News Agency indicated that the company has invited its shareholders for an irregular general meeting to endorse the above among other shares acquiring acts within the Group including acquiring a majority controlling share in MAC - Misr America Carpets Co. Weeks earlier the Oriental Weavers Group has announced measures to recruit 1,234 new members in the different specialties. Month’s earlier Group Chairman & CEO, Mr. Mohamed Farid Khamis announced the Group is embarking on L.E. 4 - 5 billion expansion scheme.

Beneficiary Sectors
-
Industry
      Textile