Reducing ownership capital by extinguishing part of its losses – Watan News

by time news

2023-11-28 18:31:22

Main economic affairs

November 28, 2023

Watan Al-Youm: Today, Tuesday, the Securities Depository Center implemented the process of reducing the capital of Alia Royal Jordanian Airlines (Royal Jordanian).
The capital was reduced by 200.9 million dinars/share, representing about 62 percent of the company’s capital, so that the registered capital with the Securities Depository Center became 123.6 million dinars/share, instead of 324.6 million dinars/share, by extinguishing part of the The company’s accumulated losses.
The Center completed the reduction of the company’s capital based on the decision of the company’s general assembly and the approval of the Minister of Industry, Trade and Supply

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