Board's Decisions 23/02/2010

15-Mar-2010

1. Approve the coverage of unsubscribed increase in shares of Amwaj Properties Company of (6,598,592) shares by allocating them according to the Board of Directors resolution number (49/1/2010), at a nominal value of JD 1 per share. Coverage procedures are to be fulfilled within a period of time not exceeding ten working days from notifying the Company with the Board of Commissioners decision.
2. Approve the registration of the 3rd issuance of Jordanian treasury bonds for the year 2010 at a maturity date on February 4. 2013, at a value of JD (50) million and address the Securities Depository Center to register them.
3. Approve a two-month extension beyond the deadline for the sale of unsubscribed shares of (1110790) for the National Cable and Wire Manufacturing Company. The proceeds of which shall be dealt with by virtue of the Instructions of Dealing with Subscription Rights. The extension starts once the Company is notified by the JSC Board of Commissioners decision.