Board's Decisions 3/5/2018

03-May-2018

- Approving the registration of capital increase of Blue Stone Investments company –Jordan of 33 million shares at a nominal value of JD 1 per share through capitalization of account payable  of JD 33 million of Blue Stone Investments company and distribution of these shares to Mr. Naser Batti Ameer Yousif Al-Muhairy with an issuance price of JD1 per share, under the following conditions: 
1- Banning the disposal of shares for two years from the date of completion of the issuance procedures with the commission.
2- Completing of the issuance procedures within a maximum of 30 working days  from the next working day of the date of the Commission's letter approving the registration of the shares. 
3- Payment of the prescribed fees.
- The report regarding the capitalization of debts which is submitted by the Board of  Directors of the company shall be disclosed attached  to it the capitalized debts ,the evaluation mechanism and how the debts arise .