Board's Decisions in 23/2/2017

• Approving the registration of capital increase in shares of Arabian Aviation Investment Company of 3 million shares with a nominal value of JD 1 with an  issuance premium of JD 1 through capitalization of accounts payable of JD 6 million and distribution of these shares to Rum Group for Transportation & Tourism Investment 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 10 working days from the next working day of the date of the Commission's letter approving the registration of the shares.
3. Disclosure of the Board of Directors' report on accounts payable.
   
   Payment of the prescribed fees as required.