Completion of the Share Capital Decrease of the Jordan Masaken For Land & Industrial Development Projects Co.
Ref. : 8736/2024
Date: 15/10/2024
Memo No.
(68/2024)
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 Tuesday 15/10/2024. The share capital decrease of the company’s capital was performed to distribute its excess cash to the shareholders.
The above-mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 27/08/2024 which was granted the approval of the Ministry of Industry, Trade, and Supply on 07/10/2024.
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. | 506,106 | 7,928,994 | JO3128411019 | 131284 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer
