Completion of the Share Capital Decrease of Jordan Pipes Manufacturing Co.
Ref. : 5389/2025
Date: 25/06/2025
Memo No.
(43/2025)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease of 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 Wednesday 25/06/2025 based upon the company's General Assembly's resolution made in its extraordinary meeting held on 28/04/2025 which was granted the approval of the Ministry of Industry, Trade, and Supply on 23/06/2025 to redeem part of the company’s accumulated losses as of 31/12/2024 which is (752,500) JOD.
Thereby, the SDC record for the Capital of Jordan Pipes Manufacturing Company indicates the following:
| # | Company Name | No. of shares decreased | Registered Share Capital |
ISIN
|
Company No. |
| 1. | Jordan Pipes Manufacturing Co. | 752,500 | 1,750,000 | JO4101911017 | 141019 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer
