Completion of the Share Capital Decrease the Jordan Pipes Manufacturing Co
Ref. : 6421/2024
Date: 29/07/2024
Memo No.
(47/2024)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease the Jordan Pipes Manufacturing Co.
Greetings,
Kindly be informed that the SDC has completed the process of decreasing the share capital of the Jordan Pipes Manufacturing Company on Monday 29/07/2024. The share capital decrease was performed through redeeming all of the company’s accumulated losses.
The above mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 27/04/2024 which was granted the approval of the Ministry of Industry, Trade, and Supply on 16/07/2024.
Thereby, the SDC record for the Capital of the Jordan Pipes Manufacturing Company indicates the following:
| # | Company Name | No. of shares decreased | Registered Share Capital |
ISIN
|
Company No. |
| 1. | Jordan Pipes Manufacturing Co. | 1,072,500 | 2,502,500 | JO4101911017 | 141019 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer
