Merger of the First Insurance and Yarmouk Insurance Companies

التاريخ
Ref. :8/11/919
Date: 23/02/2016

Memo No.
(21/2016)

Members of SDC of Brokers and Custodians 
 
Dear General Manager, 
 
Subject: Merger of the First Insurance and Yarmouk Insurance Companies
 
Greetings,
 
Kindly be informed that the SDC will carry on the process of merger of the First Insurance Company (merging company) and Yarmouk Insurance Company (merged company) on Wednesday 24/02/2016.
 
Thereby, the First Insurance Company will take over Yarmouk Insurance Company, which will result in raising its share capital by (4,000,000) shares, consequently, its registered capital at the SDC will become (28,000,000) shares.
 
Kind Regards,

Khalil Naser 
Chief Executive Officer
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