Board's Decisions 31/5/2018

31-May-2018


- Approving El-Zay Ready Wear Manufacturing Co.'s request to cover the unsubscribed shares of its capital increase of 3,315,971 shares with a nominal value of JD 1 per share and an issuance discount of JD 0.5 per share  or 90% of the last closing price of the company's share on the date of the Board of Commissioner's approval whichever is higher, by allocating them to the shareholders listed in the decision of the company's Board of Directors on 14/5/2018, provided that the procedures for issuing these shares are completed within a maximum of 10 working days from the next working day of the date of the Commission's letter containing the company's notification of the Board decision.