JSC Returns Back Arab Assurers Company on Trading on ASE & Suspends Trading of Members of Board of Directors, General Manager & Financial Manager for a Number of PSC on 30/04/2012

On April 26.2012 Jordan Securities Commission (JSC) chaired by the Board’s Chairman Mr. Mohammad Tash & the membership of the following Commissioners: Deputy Chairman Dr Ahmad Mustafa, Mr. Mansour Haddadin & Mr. Majd Shafiq, decided that shares of Arab Assurers Company will be back on trading on Amman Stock Exchange (ASE) on April.30.2012, after fulfilling the procedures to decrease its capital at the Company Controller Department, the Securities Depository Center (SDC) & the (JSC).
The Board of Commissioners also decided that from April 30.2012 & until further notice & within the current financial circumstances &/or according to recommendations provided by external auditors, to suspend trading of Members of the Board of Directors, General Manager & Financial Manager in the below companies, each one of them in his company, whether trading for his own benefit or through controlled companies by anyone of them:
1. Jordan Ceramic Industries.
2. Akary for Industries & Real Estate Investments.
3. Middle East for Specialized Cables Company / Mesc - Jordan.
4. Gerasa Insurance.
5. First National Vegetable Oil Industries.
6. Jordan Projects for Tourism Development.
7. Injaz for Development & Projects.
8. Middle East Diversified Investment.
9. Jordan Press & Publishing/Addustour.