|
Business Name: |
Alexandria
Commercial Company (a subsidiary of the Holding Company for Cotton, Spinning and
Weaving and clothing) |
|
History and home to its foundation: |
The
company was established under the Articles of Association, issued on
06.01.1923 in the name of Alexandria Commercial and subject to the
public enterprise sector law No. 203 of 1991 dated 06.19.1991 and its
executive regulations issued on 10.31.1991 and became a subsidiary of
cotton and International Trade (Company
Holding SAE) and has been reconciling the company's position in the
Commercial Register according to the law above-mentioned under No. 7214
on 01.12.1992 and under the law No. 195 of 89 became the company is a
subsidiary of the Holding Company for Spinning and Weaving and clothing
according to the Prime Minister's Decree No. 1499 of 2000 issued on
06/28/2000. |
|
Purpose of the company: |
1.
Trade, export and import of cotton and its derivatives and its aftermath and its
products and its requirements or its own account or in combination with others.
2.
Carry out all activities, business services, industrial, service and
manufacturing activity related to the previous cotton itself or on its behalf or
to share with others. |
|
Merger
of the Cairo Cotton Company in Alexandria, Commerce |
The General Assembly decided extraordinary 1/14/2008 merger Cairo cotton trade
in Alexandria on the basis of the approved budget in the 06/30/2007, taking into
account the movement debtor and creditor until 12/31/2007.
|
|
The authorized capital: |
Authorized capital of 20 million pounds - issued and paid-11000000 pounds
distributed to 2200000 shares of nominal value of five pounds per share,
wholly-owned subsidiary of the Holding Company for Cotton, Spinning and Weaving
and clothing.
|
|
Indicators of the company: |
|
Last approved budget: |
06/30/2009
|
|
Property Holding Company: |
100%
|
|
Paid-up capital: |
20 million pounds |
|
The number of shares:
|
2200000 Shares |
|
Number of Branches: |
(6) branches
|
|
Revenue Activity:
|
49.589 million pounds |
|
Interest City:
|
14.978 million pounds |
|
Net profit (loss):
|
3.753 million pounds
|
|
Working Capital Fund: |
76.453 million pounds
|
|
The nominal value of shares: |
5 pounds
|
|
Property rights:
|
79.988 million pounds |
|
Total Investment: |
79.988 million pounds |
|
Shareholders share of the profits |
0.177 million pounds |
|
Workers share of the profits:
|
3.273 million pounds
|
|
The number of permanent employees |
(587) a permanent working
|
|
The number of employees on fixed term contracts:
|
(76) fixed-term contract workers
|
|
Wages:
|
11.4 million pounds
|
|
Average annual wage of the worker:
|
17194 pounds
|
|
The company's headquarters: |
1 st, Dr. Ahmed Abdel-Salam - Alex |
