Board's Decisions at 13/9/2018

- Approving the registration of capital increase of Middle East Complex for Engineering Electronics and Heavy Industries Company, at the amount of 14,972,503 shares at a nominal value of JD 1 per share through capitalization of account payable for related  credit parties- Privatization Holding Company- at the value of JD 14,972,503 mentioned in the financial statements of Middle East Complex for Engineering Electronics and Heavy Industries as of 31/12/2017 and allocate these shares to Privatization Holding Company / Jordan at an issuing price JD 1 per share, under the following conditions:
- Banning the disposal of shares for one year from the date of completing the issuing procedures with the Commission.
- Completing the procedures of issuing these shares within a maximum of 30 working days from the next working day of the date of the Commission's letter approving the registration of shares.
-  Payment of the prescribed fees.
- The report regarding the capitalization of debts and its attachments submitted by the Board of Directors of the company  including the debt details intended to be capitalized and the assessment mechanism and how debts arises.

- Approving the registration of bonds arising from reopening of the 13th issuance of Treasury Bonds for the year 2018 at a value of JD 100 million at a maturity of 15/7/2023. Hence the balance of the exiting outstanding issuance amounted to JD 150 million, according to the issuance conditions attached to the Central Bank letter, and addressing the Securities Depository Center to register the sold bonds at a value of JD 100 million.