The Share Capital Decrease of the Specialized Jordanian Investments Co.

التاريخ

Ref. : 2346/2020
Date: 28/06/2020

Memo No.
(33/2020)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: The Share Capital Decrease of the Specialized Jordanian Investments Co.

Greetings, 
 
Kindly be informed that the SDC will carry on the process of decreasing the share capital of (3,060,000) shares of the Specialized Jordanian Investments Company on Monday 29/06/2020. The share capital decrease will be performed through:
  1. Decreasing the share capital of (1,440,000) JOD to redeem the accumulated losses as of 31/12/2019. The share capital decrease of the said amount will result in decreasing the registered capital from (4,500,000) shares to (3,060,000) shares.
  2. Distributing (1,620,000) JOD as stock dividends to the shareholders of the Company. The share capital decrease of the said amount will result in decreasing the registered capital from (4,500,000) shares to (3,060,000) shares.

Kind Regards, 

Khalil Naser

Chief Executive Officer

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