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There are 13 public companies listed on the stock exchange before the Eid holiday, most notably the "Ezz" group and 4 pharmaceutical companies


The shareholders of the Egyptian Stock Exchange are waiting for 15 events this week and before the Eid Al-Fitr holiday, distributed among 13 general assemblies of Ahmed Ezz's man companies, which are: Ezz Al Dakhliya Steel in Alexandria, Ezz Steel, Al Ezz Ceramics and Porcelain - Al Jawhara - and 4 pharmaceutical companies, namely: Cairo, Alexandria, Memphis and Al Arabiya For medicines, while the right to cash the coupon for Talaat Moustafa Holding Company ends this week, the first installment of the coupon will be disbursed on May 12th, and the court will hear a case for the First Investment and Real Estate Development Company.

 

The events of the Egyptian Stock Exchange begin today, Saturday, with the holding of 10 ordinary and extraordinary general assemblies, which are for Ezz Dekheila Steel - Alexandria, and are considering the approval of the Board of Directors report on the company's activity, the auditors ’report on the financial statements, the governance report and the approval of the financial statements for the ended financial year. On the 31st of next December, and the appointment of a board of directors for a new session according to the company's articles of association, while the extraordinary general assembly will discuss, considering whether Ezz El-Dekheila issues solidarity guarantees in favor of its subsidiary companies, "Al Ezz Flat Steel Manufacturing Company and Al Ezz Rolling Factories Company". The general assembly of Hadeed Company will also be held. Ezz and discusses the same items in addition to the changes that have been made in the Board of Directors.

 

The third company of Ezz Group, which is Al-Ezz Ceramics and Porcelain, is convening to discuss the changes in the formation of the Board of Directors, to include two independent members of the Board of Directors, and to discuss the approval of the Board of Directors report on the company's activities, the auditor of accounts on the financial statements, and the financial statements of the company for the fiscal year ending on 31 December 2020, while the Extraordinary General Assembly is considering amending Articles 6-7 of the company's articles of association.

 

On the same day, the general assembly of 4 pharmaceutical companies, namely: Alexandria, Cairo, Al-Arabiya and Memphis for Pharmaceuticals and Chemical Industries, will be held to discuss the formation of a board of directors, and to elect a representative of shareholders from legal persons or individuals from the private sector in the membership of the board of directors, and at the level of the extraordinary general assembly, The amendment of Articles 18-19-21-24-25-36-37-40-43-51 of the articles of association of the company will be discussed, and will conclude on Saturday with the holding of the General Assembly of the International Company for Fertilizers and Chemical Industries, to discuss amending Article 3 of the articles of association by deleting activities from The purpose of the company.

 

On Sunday, May 9, the ordinary general assembly of the two companies, Al Shams Housing and Construction and the Gulf Canadian Company for Arab Real Estate Investment, will be held. The first will discuss the approval of the Board of Directors’s decision regarding the sale of a financial portfolio to the Egyptian Arab Land Bank and the necessary executive procedures, and the approval of the proposed profit distribution list for the ending fiscal year. On December 31, 2021, the Board of Directors' report on the activity and results of the company’s business, the auditor, and the statements for the fiscal year ending on December 31, 2020 will be discussed, and the second will be held after it was postponed from April 18.

 

On the same day, Mohamed Madani College Giza is looking into lawsuit No. 3063 of 2020 Civilian College of Giza, against Ahmed Mohamed Fattouh and others, in the First Company for Investment and Real Estate Development, the subject matter of which is a computation and obligation lawsuit to the hearing of May 9, 2021, and the right to cash distribution for Coupon No. 8 ends. For Talaat Moustafa Group Holding Company, the session closes on Sunday, provided that the coupon is distributed at 0.145 pounds per share, to be paid in two equal installments; The first installment is 0.072 pounds and will be disbursed from May 12th, and the second installment is 0.072 pounds, and will be disbursed from July 15th.

 

On Monday, May 10, 5 ordinary and extraordinary general assemblies will be held for 3 companies, namely South Valley Cement, Arabian Rocks for Plastic Industries, Zahraa Maadi for Investment and Development, and the first considers the Board of Directors report, the governance report, and the auditor’s report on the company's activities during the fiscal year ending on December 31. The year 2020, and the second considers the same items, in addition to the extraordinary general assembly considering amending Article 4 of the company's articles of association, and the third is discussing the re-election of a board of directors for a new 3-year term, and at the level of the extraordinary general assembly, the amendment of Articles 20-29 will be discussed. -30 from the statute.

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