Tunisias Siame And SOTOTEL Increase Capital
Tunisias leading industrial firm Siame increased its capital by 20% to TD12mn ($8.9mn) from TD10mn ($7.5mn) through the issue of 200,000 shares on 19 June, a Tunis Stock Exchange official told MEES. Siame issued the shares with a nominal value of TD10 ($7.50), and half came from the incorporation of reserves. Brokers said the stock rose 2.96% to close at TD70.94 ($52.90) on 19 June, with 89,000 shares traded. Siame...