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The company held an extraordinary general meeting of the company chaired by Mohamed Al Sayed, chairman of the board of directors, who made several important decisions: she approved the change in the nominal value of the company. action by bringing to 6 the number of shares The registered capital of the company is 601859893.2 Egyptian pounds on the number of 1003099822 shares of 60 piastres.The extraordinary general meeting of Porto Group approved the increase of the capital of the company licensed from LE 1500000000 to LE330 billion.The company's capital increase from LE 601859893.2 11400000 00 LE by the issuance of 896,900,178 shares following the implementation of the Nominal value adjustment The initial subscription of the shareholders will be carried out at the nominal value of the original share, after modification of the par value and increase of the share capital and the Board d & # 39; administration. Subscription and distribution of the subscription right in coordination with the competent administrative authorities It was also agreed to conclude a real estate marketing agreement with Qusti Real Estate Investment Company to develop an integrated marketing plan specifying the guidelines to be followed to commercialize all the units. projects owned by For real estate investment, Porto Real Estate Development Company has the right to market existing units and projects owned by Qusti.
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