Completion of the Share Capital Decrease of the United Iron & Steel Manufacturing Co.
Ref. : 2777/2023
Date: 10/04/2023
Memo No.
(12/2023)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease of the United Iron & Steel Manufacturing Co.
Greetings,
Kindly be informed that the SDC has completed the process of decreasing the share capital of the United Iron & Steel Manufacturing Company on Monday 10/04/2023. The share capital decrease (31,165,176) JOD to redeem accumulated losses 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 08/02/2021 which was granted the approval of the Ministry of Industry, Trade, and Supply on 05/06/2022.
| # | Company Name | No. of shares decreased | Registered Share Capital |
ISIN
|
Company No. |
| 1. | United Iron & Steel Manufacturing Company | 31,165,176 | 1,000,000 | JO412201101 | 141220 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer
