Jordan Securities Commission Registers New Securities 30/01/2012
30-Jan-2012
On January 29.2012 Jordan Securities Commission (JSC) Board of Commissioners, decided to approve new securities registration for a number of companies. Provisions of Article (5) of the Securities Law No. (76) for the year 2002 stipulates that: ‘Every Issuer in the Kingdom shall submit to the Commission an application for registering securities therewith in accordance with the instructions issued by the Board’. By virtue of this Article every issuer of securities is obliged to submit to the (JSC) an application to register these securities & to have (JSC) prior approval.
The Board of Commissioners approved the following:
1. Registration of the 1st issuance of Jordanian treasury bonds for the year 2012 at a maturity date on January 8.2014, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
2. Registration of the 2nd issuance of Jordanian treasury bonds for 2012 at a maturity date on January 11.2015, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.