Board Decisions 24/05/2010

09-Jun-2010

1. Approve the registration of the 16th issuance of Jordanian treasury bonds for the year 2010, at a maturity date on October 15. 2011 at a value of JD (100) million & address the Securities Depository Center to register them.
2. Approve the registration of the 19th issuance of Jordanian treasury bonds for the year 2010, at a maturity date on April 26. 2012 at a value of JD (20) million & address the Securities Depository Center to register them.
3. Approve the registration of the 20th issuance of Jordanian treasury bonds for the year 2010, at a maturity date on November 2. 2011 at a value of JD (50) million & address the Securities Depository Center to register them.
4. Approve the registration of the 6th issuance of Jordanian treasury bills for the year 2010, at a maturity date on October 22. 2010 at a value of JD (50) million & address the Securities Depository Center to register them.
5. Approve the registration of the 42nd issuance of Jordan Water Authority bonds at a maturity date on April 18. 2013 at a value of JD (18) million & address the Securities Depository Center to register them.
6. Approve the registration of the 1st issuance of Housing & Urban Development Cooperation bills for the year 2010 at a maturity date on April 25. 2011 at a value of JD (39) million & address the Securities Depository Center to register them.
7. Approve registration of capital increase in shares of Cairo Amman Bank Company of (12) million shares by capitalizing JD (12) million from retained earnings & distributing them as free shares to shareholders; each shareholder according to his contribution in the capital, in condition that fees are settled as deemed proper.
8. Approve registration of capital increase in shares of Masafat Transport Company of (850,000) shares by capitalizing JD (850,000) from retained earnings & distributing them as free shares to shareholders; each shareholder according to his contribution in the capital, in condition that fees are settled as deemed proper.
9. Approve registration of capital increase in shares of Al-Bilad Securities & Investment Company of (500,000) shares by capitalizing JD (500,000) from retained earnings & distributing them as free shares to shareholders; each shareholder according to his contribution in the capital, in condition that fees are settled as deemed proper.
10. Approve to grant Jordanian Expatriates for Financial Brokerage Company a license to undertake the activities of Margin Finance. Due fees of JD (500) must be paid & a JD (250.000) bank guarantee must be submitted to Jordan Securities Commission (JSC). The Company must not embark on any duty prior to providing JSC with regulatory procedures, amending accounting systems relevant to the Instructions of Margin Finance & taking JSC approval regarding the abovementioned.
11. Approve the registration of the 21st issuance of Jordanian treasury bonds for the year 2010 at a maturity date on May 6. 2012, at a value of JD (50) million & address the Securities Depository Center to register them.
12. Approve the registration of the 7th issuance of Jordanian treasury bills for the year 2010 at a maturity date on October 28. 2010, at a value of JD (50) million & address the Securities Depository Center to register them.
13. Approve the registration of the 8th issuance of Jordanian treasury bills for the year 2010 at a maturity date on May 4. 2011, at a value of JD (48) million & address the Securities Depository Center to register them.