The Share Capital Decrease of the Jordan Pipes Manufacturing Co.
التاريخ
Ref. :5352/2025
Date: 24/06/2025
Memo No.
(41/2025)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: The Share Capital Decrease of the Jordan Pipes Manufacturing Co.
Greetings, | |
Kindly be informed that the SDC will carry on the process of decreasing the share capital of (752,500) shares of the Jordan Pipes Manufacturing Company on Wednesday 25/06/2025 to redeem part of the accumulated losses as of 31/12/2024. |
The share capital decrease of the said amount will result in decreasing the registered capital from (2,502,500) shares to (1,750,000) shares.
Kind Regards,
Sarah TarawnehChief Executive Officer