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General Land Reclamation denies stock split cancellation

General Land Reclamation denies stock split cancellation
Photo Credit: Arabianeye-Reuters

Cairo - Mubasher: General Land Reclamation Co. denied new circulating that it would cancel the plan of its stock split.

Previous news reports claimed that the holding company for Land Reclamation has cancelled the study related to reducing the par value of the stock of General Land Reclamation Co.

General Land Reclamation narrowed it losses by 72% in the fiscal year 2013/14.