06 September 2007
Jordan Investment Trust PLC (Jordinvest) signed late last week an agreement with Industrial Commercial and Agriculture Company PLC (ICA), stipulating that Jordinvest acts as an exclusive financial advisor, arranger and lead manager for ICA related to the proposed expansion, restructuring, and securities offering for four companies, four factories and three companies under establishment.
The agreement which was signed by Jordinvest's Chairman and CEO Ahmad Tantash and ICA's Chairman Muhammad Abu Hassan, comes inline with Jordinvest's pioneering objective of providing unique financial and advisory services that meet its clients' needs. Specializing in providing management of private placements and initial public offerings, the issuing of bonds, mergers and acquisitions, and asset management services, Jordinvest will aid ICA achieve its objectives of expansion.
Chairman and CEO of Jordinvest, Ahmad Tantash, said, "We are very pleased with this partnership. We believe that the trust ICA has given to us strengthens our role as a leading financial services' provider."
Abu Hassan, said, "Jordinvest has proven to be a leading company that services its clients to highest of standards; partnering with such caliber will be of great benefit to us in achieving our objectives."
Jordan Investment Trust PLC (Jordinvest) signed late last week an agreement with Industrial Commercial and Agriculture Company PLC (ICA), stipulating that Jordinvest acts as an exclusive financial advisor, arranger and lead manager for ICA related to the proposed expansion, restructuring, and securities offering for four companies, four factories and three companies under establishment.
The agreement which was signed by Jordinvest's Chairman and CEO Ahmad Tantash and ICA's Chairman Muhammad Abu Hassan, comes inline with Jordinvest's pioneering objective of providing unique financial and advisory services that meet its clients' needs. Specializing in providing management of private placements and initial public offerings, the issuing of bonds, mergers and acquisitions, and asset management services, Jordinvest will aid ICA achieve its objectives of expansion.
Chairman and CEO of Jordinvest, Ahmad Tantash, said, "We are very pleased with this partnership. We believe that the trust ICA has given to us strengthens our role as a leading financial services' provider."
Abu Hassan, said, "Jordinvest has proven to be a leading company that services its clients to highest of standards; partnering with such caliber will be of great benefit to us in achieving our objectives."
© The Star 2007
