Reasons behind the capital increase of "Heliopolis Housing" to 333.8 million poundsVisits : 176

Reasons behind the capital increase of

Start to improve the structural problems in the budget, as Heliopolis has a huge real estate portfolio while the paid-up capital is LE 111 million and the issued capital is LE 200 million, thus improving the operating structure of the company and increasing the financing of the huge real estate portfolio against shareholders equity. .
2. Strengthening the credit position of the company, where the distribution of dividends in the form of bonus shares does not result in the withdrawal of any funds from the companys financial assets, which supports the creditworthiness of the company either in the face of banks if the company wishes to obtain loans or in the face of subscribers in bonds that may The company issues them.