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عربي

First Jordan Investment Company

   (FRST.ASE)
Also known as: FJ, FJIC, FRST, First Jordan, First Jordan Investment
Last Trade
0.18JOD
0.00%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Oct 31, 2011
 
 
 
Country

Jordan

Ownership Type
Company Type
Joint Stock
 
 
 
Zawya Industry Classifications (ZIC)
Sector Industry

Financial Services

 
Principal Activities
Provides direct investments in various sectors.
 
Date of Establishment Year
2006 (May)
 
No of Employees
14 Company, N/A Group (As of Oct 24, 2011)
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Amman SE  FRST FRST.ASE Ordinary JOD
 
 
Contact Details
Address:
Al Husseini Building 141
First Floor
Mecca Street
Mecca Area
P.O. Box 942007
Amman  11194
Capital Governorate
Jordan
 
Tel:
+962 6-556-2130
+962 6-556-2131
 
Fax:
+962 6-556-2129
 
Email:
info@firstjordan.com.jo
 
Website:
www.firstjordan.com.jo

 
 
 IPO Details
Listing Date:
06Nov07
Size of Offering:
$84.69M
Equity Offering:
40%
Lead
Managers:
Amwal Invest
 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
29 Mar 2010
 
Closing Date
29 Mar 2010
 
 
 Major Shareholders  Section Updated: 31Oct11
Name   Type  Country  Holding 
Global MENA Macro Fund  Corporate Bahrain 24.30% 
United Real Estate Company  Corporate Kuwait 17.96% 
Wafra International Investment Company  Government Kuwait 6.67% 
Global Investment House - Jordan  Corporate Jordan 2.70% 
General Retirement and Social Insurance Authority - Qatar  Government Qatar 2.54% 
National Industries Company  Corporate Kuwait 2.00% 
Al Saud Company  Corporate UAE 1.96% 
Social Security Corporation  Government Jordan 1.90% 
Al Saud Investment Company  Corporate UAE 1.49% 
Wajdi Abdullah Touma Al Baqaani  Private Jordan 1.07% 
Noura Invetsments  Corporate United Kingdom -
Public   - 37.41% 
 Note: Noura Invetsments's shareholding is part of the public stake.
 
 
 Foreign Ownership Limits
 
Owned Permitted
100%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Al Adaa for Housing and Real Estate Development Jordan 100.00%
Al Ajloun First Investment Company Jordan 100.00%
Al Fahis First Investment Company Jordan 100.00%
Al Matar Investment Company Jordan 100.00%
Al Nakheel Dead Sea for Touristic Investment Jordan 100.00%
Al Rabia Towers [via Al Adaa for Housing and Real Estate Development] Jordan 100.00%
Al Salt First Investment Company Jordan 100.00%
Al Taher for Investment and Real Estate Development Company Jordan 100.00%
Al Tneeb for Real Estate Investment Jordan 100.00%
Lulua Hawara Company for Trade and Investment Jordan 100.00%
Al Baha Investment Company Jordan 55.00%
First Qalaa Investment Company Jordan 33.00%
First Al Ramtha Investment Company Jordan 22.00%
Investments
Name  Country  Holding 
Jordan Commercial Bank Jordan 14.42%
Alisraa for Islamic Finance and Investment Jordan 10.00%
Taameer Jordan Holdings Jordan 2.25%
Model Restaurants Company Jordan 2.25%
Al Mazaya Holding Company Kuwait 1.10%
Dubai Marina Towers [via Al Baha Investment Company] UAE -
 
 
 Representatives
Auditors
KPMG Kawasmi and Partners  
Banks
Capital Bank of Jordan Jordan Commercial Bank
Law Firms
Nabeel Law Office  
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  JOD'000 JOD'000 change (%)
Total revenues  (12,332) 4,873 139.52
Net profit  (23,445) 1,969 108.40
Total assets 104,679 111,052 6.09
Paid-up capital 150,000 150,000 0.00
Shareholders' Equity 78,651 84,001 6.80
Shares outstanding 150,000 150,000 0.00
Market capitalization 49,500 39,000 (21.21)
» View Full Financials