Mubasher: The capital deduction of Jordan Poultry Processing and Marketing has been completed by the bourse’s regulator Jordan Securities Commission (JSC) which said that the firm’s authorized capital decreased from JOD 23 million to JOD 14.02 million.
Jordan Poultry cancelled its issue discount of JOD 8.98 million to offset the company’s capital slash which has been decided earlier by shareholders.
The Ministry of Industry and Trade earlier approved the capital deduction in the end of October. Trading on the company’s shares was suspended on Wednesday, 28 October.
