Completion of the Share Capital Decrease of the Jordan Emirates Insurance Co.
التاريخ
Ref. :8/11/988
Date: 20/02/2017
Memo No.
(10/2017)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease of the Jordan Emirates Insurance Co.
| Greetings, | |||||||||||||
| Kindly be informed that the SDC has completed the process of decreasing the share capital of the Jordan Emirates Insurance Company on Monday 20/02/2017 to redeem part of the accumulated losses as of 31/12/2015. The share capital decrease was conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 20/11/2016, and upon the approval of the Ministry of Industry, Trade, and Supply on the share capital decrease issued on 25/01/2017. | |||||||||||||
Thereby, the SDC record for the Capital of the Jordan Emirates Insurance Company indicates the following:
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Kind Regards,
Khalil Naser
Chief Executive Officer
