Board's Decisions of 12/6/2019
12-Jun-2019
- Approving the registration of the twenty-ninth issue of Jordanian treasury bonds for the year 2019, with the value of JD 50 million, at a maturity of 6/5/2021, with an option to be reopened in the future with an amount not exceeding JD 200 million, according to the issuance conditions attached to the Central Bank letter referred to above and addressing the Securities Depository Center to register the sold bonds at a value of JD 50 million, provided that registration of bonds arising from the opening of the issuance shall be considered upon the Ministry of Finance request.
- Approving the registration of shares of the capital increase of the Jordan Islamic Bank of 20 million shares through capitalization of JD 10 million of the retained earnings, and the capitalization of JD 10 million from the voluntary reserve account and distributing it as free shares to shareholders each by its share in the capital after payment of the prescribed fees.
- Approving the registration of the capital increase in shares of Cairo Amman Bank of (10,000,000) million shares through capitalization of JD (10,000,000) from the retained earnings account and distributing it as free shares to the shareholders each by its share in the capital after payment of the prescribed fees.
- Approving the registration the capital increase in shares of the Consultant & Investment Group of 450 million shares by offering these shares for subscription through public offering to the company's shareholders at a nominal value of JD (1) per share in condition that the company shall provide a prospectus and pay the prescribed fees, also the issuance procedures must be fulfilled within a period not exceeding 30 working days from the subscription closing date, taking into consideration the following:
1. The subscription right for the stockholders shall be as of the end of the fifteenth day from the date of the Commission's approval of registering the shares, and in case this day is an official holiday, the right of the company's shareholders shall be as of the end of the previous working day.
2. The subscription right shall be to the subscription holders as of the end of the fifth working day for these rights (if any).
- Approving the registration of corporate bonds of Bindar for Trading and Investment Company of 140 bonds at a nominal value of JD 50,000 per one bond, with a total value of JD 7 million for 359 days, through non-public offer for a number of subscribers that shall not exceed at any time 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. 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.
3. Payment of the prescribed fees.
4. Inform the Commission, the ASE and the SDC in writing when redemption any of the bonds.
- Granting INGOT Brokers a license to perform the activities of financial advisory in the local financial market, provided that a bank guarantee of JD (10,000) is submitted and the prescribed fees of JD (250) are paid.