Board's Decisions 17/5/2018
17-May-2018
- First: Approving the registration of corporate bonds of Bindar Trading & Investment Co. of 50 bonds at a nominal value of JD 100,000 per one bond, with a total value of JD 5 million for 359 days, through non-public offer for a number of subscribers that shall not exceed at anytime 30 persons and list these bonds on Amman Stock Exchange, taking into consideration the following:
1. The number of subscribers in these bonds shall not exceed in anytime 30 persons.
2. Payment of the prescribed fees.
3. Concluding the issuing procedures of these bonds at the Securities Depository Center within a period not exceeding 10 working days from the subscription closing date.
- Second: Inform the company regarding the issuance trusteeship agreement that appointing the issuance trustee shall be based on the request of the bondholders` committee; which is legally comprised from corporate bondholders after offering these bonds for subscription.