Cairo – Mubasher: Integrated Engineering Group (INEG) on Tuesday said it has postponed its extraordinary general meeting (EGM) to 28 May due to an incomplete quorum, according to a filing to the Egyptian Stock Exchange (EGX).
The EGM will discuss amending the legal attendance percentages in the ordinary and extraordinary general meetings, as well as amending the company’s articles of association, including articles no. 23,46, and 48.
INEG’s board previously approved adjusting articles no. 6 and 7 with the latest capital hike, so that licensed capital is EGP30 million, while the issued amount is EGP12 million distributed over 60 million shares at par value EGP 0.20 each.
