JSC Suspends Trading of Members of Board of Directors & their Representatives, GM & Financial Manager for a Number of Public Shareholding Companies & Appoints Two Members in ASE 25/09/2012
25-Sep-2012
On September 25.2012 Jordan Securities Commission (JSC) chaired by the Board’s Chairman His Excellency Mr. Mohammed Saleh Hourani & the membership of the following Commissioners: Deputy Chairman Mr.Mansour Haddadin, Dr. Izzeddin M. Kanakrieh , Mr. Majd Shafiq & Mrs. Muna Al-Mufti, decided the following:
To suspend trading of Members of the Board of Director & their Representatives, the General Manager & the Financial Manager in the below companies, for not providing the (JSC) with the 2012 semi-annual report till this date, whether trading for their own benefit or through non public shareholding companies controlled by them:
Jordan International Investment Company.
International Ceramic Industries Company.
International Arabian Development & Investment Trading Company.
The suspension shall start on September 26.2012 till further notice.
By virtue of the Provisions of Article (17/B-2) of the Internal By-Law of the Amman Stock Exchange (ASE), the Board of Commissioners also decided to appoint Dr. Safwan Toukan & Dr. Ashraf Ismail Al-Oudwan members in the (ASE) Board of Directors. The decision came into effect on September 25.2012.