BRIEF-Egypt's Naeem Holding board approves capital increase
* Board approves issued and paid-up capital increase to $218.6 million from $198.7 million through bonus share issue Source: (http://bit.ly/2qvUGWl) Further company coverage: )
Oct 18 Shanghai Fenghwa Group :
* Says 60 million shares (31.9 percent stake) held by Loncin Holdings Co., Ltd. were frozen in order for three years due to litigation
Source text in Chinese: goo.gl/cksxzc
Further company coverage: (Beijing Headline News)
DUBAI, May 28 Gulf stock markets may have a soft tone in thin trade on Sunday after global oil producers agreed after the close on Thursday to extend cuts in output by nine months to March 2018.