Completion of the Share Capital Decrease of the Resources Company for Development & Investment Co.
Ref. : 8376/2024
Date: 02/10/2024
Memo No.
(66/2024)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease of the Resources Company for Development & Investment Co.
Greetings,
Kindly be informed that the SDC has completed the process of decreasing the share capital of the Resources Company for Development & Investment Company on Wednesday 02/10/2024 to redeem (7,000,000) JOD of accumulated losses as of 31/12/2023. The share capital decrease was conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 01/08/2024 and upon the approval of the Ministry of Industry, Trade, and Supply on the share capital decrease issued on 18/09/2024.
Thereby, the SDC record for the Capital of the Resources Company for Development & Investment Company indicates the following:
# | Company Name | No. of shares decreased | Registered Share Capital |
ISIN
|
Company No. |
1. | Resources Company for Development & Investment Co. | 7,000,000 | 4,000,000 | JO3102711012 | 131027 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer