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Amer Group to reduce the issued and paid-up capital

The board of directors of Amer Group Holding has agreed to reduce the issued and paid-up capital from EGP one billion to EGP 902.789 million.

The group clarified that the reduction of the issued and paid-up capital by EGP 100.309 million will be through the execution of treasury shares.

It’s worth 100.309 million shares, with a nominal value of 10 cents.

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