Companies Failing to Provide Jordan Securities Commission with the 2013 Annual Report or the Certified Financial Statements until April 29.2014

Jordan Securities Commission JSC granted time to 11 traded companies that failed to provide it with the 2013 Annual Report or the certified Financial Statements.

By virtue of the provisions of Article (43/A-1) of the Securities Law stipulating the following:

"Every Issuer shall file with the Commission an Annual Report including Financial Statements certified by an auditor, within 90 days of the end of its fiscal year" and by virtue of the provisions of Article (4) of the Instructions to Disclosure stipulating the following:

"The Board of Directors of the Issuing Company shall prepare the Company's Annual Report within three months from the Company's fiscal year and shall provide the Commission therewith", (64) companies failed to provide the Commission with the 2013 Annual Report or the certified Financial Statements according to the specified period of time in the aforementioned Articles.  
 
The following is a list of names of companies that failed to provide the JSC with the 2013 Annual Report or the certified Financial Statements until April 29.2014.
The Commission shall enhance the principle of disclosure and transparency as well as protect investors and the public interest via regulating and monitoring disclosure, including disclosures of Public Shareholding Companies PSC Annual Reports and any other periodic disclosures in their specified dates. It also stressed on traded companies (from 1 to 11 stated in Table (1))) that failed to provide it with the 2013 Annual Report to submit it within 10 working days of the date of notifying the company and that it shall take further measures stipulated in the Securities Law including suspension of traded shares.
  
The Commission wishes all PSC to comply with the provisions of the Securities Law and instructions issued pursuant thereto.

List of Names of Companies:

1.  Philadelphia Insurance
2.  The Arab Assurers 
3.  Jordan Press and Publishing
4.  Real estate Development
5.  Trust International Transport
6.  Alia-the Royal Jordanian Airlines
7.  International Brokerage and Financial Markets
8.  International Cards
9.  Middle East Specialized Cables Company (Mesc-Jordan)
10.  Jordan Petroleum Refinery
11.  First National Vegetable Oil Industries
12.  Al Jamil for General Investments
13.  United Group (Holdings)
14.  Aman for Securities
15.  Darkom Investment
16.  Al Ahlia Enterprises
17.  United Arab Investors
18.  Al-barakat Investment Group
19.  Arab Real Estate Development 
20.  The Investors and Eastern Arab for Industrial and Real Estate Investments
21.  Beit Al Mal Saving and Investment for Housing
22.  Amwal Invest
23.  Awtad for Diversified Investments
24.  Darwish Al-Khalili and Sons
25.  Al-janoub Filters Manufacturing
26.  International Ceramic Industries
27.  United Integrated for Multiple Industries and Public Investments
28.  Amana Agricultural and Industrial Investment
29.  Afia International (Jordan)