22 July 2008
AMMAN (Petra) - Amlak Finance Jordan was officially established on Monday during an extraordinary general assembly meeting of the company, which was attended by the company's Chairman Mifleh Aqel and major shareholders, who accredited the company's new name instead of its previous name, "Inwan Investment Plc".
During the meeting, it was also decided to bring up the company's capital by eight million shares to become 63 million share up from 55 million shares, of which five million shares will belong to Amlak Finance Jordan, a subsidiary of the UAE Amlak PJSC while the other three million shares will belong to the International Finance Corporation. At the meeting, Aqel underlined the importance of the company's activities to support the real estate sector.
AMMAN (Petra) - Amlak Finance Jordan was officially established on Monday during an extraordinary general assembly meeting of the company, which was attended by the company's Chairman Mifleh Aqel and major shareholders, who accredited the company's new name instead of its previous name, "Inwan Investment Plc".
During the meeting, it was also decided to bring up the company's capital by eight million shares to become 63 million share up from 55 million shares, of which five million shares will belong to Amlak Finance Jordan, a subsidiary of the UAE Amlak PJSC while the other three million shares will belong to the International Finance Corporation. At the meeting, Aqel underlined the importance of the company's activities to support the real estate sector.
© Jordan Times 2008
