Completion of the Share Capital Decrease of the Union Investment Corporation Co.
Ref. : 1207/2021
Date: 02/03/2021
Memo No.
(14/2021)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease of the Union Investment Corporation Co.
Greetings,
Kindly be informed that the SDC has completed the process of decreasing the share capital of the Union Investment Corporation Company on Sunday 02/03/2021 to redeem part of the accumulated losses of the company as of 31/12/2019.
The above mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 15/12/2020 which was granted the approval of the Ministry of Industry, Trade and Supply on 28/01/2021.
Thereby, the SDC record for the Capital of the Union Investment Corporation Company indicates the following:
| # | Company Name | No. of shares decreased | Registered Share Capital |
ISIN
|
Company No. |
| 1. | the Union Investment Corporation Co. | 10,000,000 | 40,000,000 | JO3106911014 | 131069 |
Kind Regards,
Muna Al-Mufti
Chairman
