March 20, 2018 / 11:32 AM / 4 months ago

BRIEF-Al Baraka Banking Group ‍​EGM Approves Capital Increase

March 20 (Reuters) - AL BARAKA BANKING GROUP BSC:

* ‍​EGM APPROVES INCREASE OF ISSUED AND PAID UP SHARE CAPITAL TO $1.24 BILLION FROM $1.21 BILLION BY TRANSFERRING $36.2 MLN TO SHARE CAPITAL AND BY ISSUING THREE BONUS SHARES FOR EVERY 100 SHARES

* ‍​EGM APPROVES TO INCREASE THE AUTHORIZED CAPITAL TO $2.5 BILLION Source:(bit.ly/2pqeL2B) Further company coverage:

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