Completion of the Share Capital Decrease Al Bilad Securities & Investment Co
Ref. : 11164/2024
Date: 24/12/2024
Memo No.
(88/2024)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease Al Bilad Securities & Investment Co.
Greetings,
Kindly be informed that the SDC has completed the process of decreasing the share capital of Al Bilad Securities & Investment Company on Tuesday 24/12/2024 to redeem the balance of accumulated losses as of 31/12/2023.
The above-mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 07/10/2024 which was granted the approval of the Ministry of Industry, Trade, and Supply on 02/12/2024.
Thereby, the SDC record for the Capital of Al Bilad Securities & Investment Co. indicates the following:
| # | Company Name | No. of shares decreased | Registered Share Capital |
ISIN
|
Company No. |
| 1. | Al Bilad Securities & Investment | 3,000,000 | 7,000,000 | JO3125011010 | 131250 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer
