Completion of the Share Capital Decrease of the Jordan Masaken for Land & Industrial Development Projects Co.
Ref. : 4104/2023
Date: 07/06/2023
Memo No.
(30/2023)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease of the Jordan Masaken for Land & Industrial Development Projects Co.
Greetings,
Kindly be informed that the SDC has completed the process of decreasing the share capital of the Jordan Masaken for Land & Industrial Development Projects Company on Wednesday 07/06/2023 to redeem (3,804,900) JOD of accumulated losses as of 31/12/2022. The share capital decrease was conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 03/04/2023 and upon the approval of the Ministry of Industry, Trade, and Supply on the share capital decrease issued on 24/05/2023.
Thereby, the SDC record for the Capital of the Jordan Masaken for Land & Industrial Development Projects Company indicates the following:
| # | Company Name | No. of shares decreased | Registered Share Capital |
ISIN
|
Company No. |
| 1. | Jordan Masaken for Land & Industrial Development Projects Co. | 3,804,900 | 8,435,100 | JO3128411019 | 131284 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer
