Browse
related articles
Jordan's petroleum refinery raises capital to $56.5m
- Jordan: Sunday, November 11 - 2012 at 01:07
The Jordan Petroleum Refinery Co (JPRC) has said its shareholders have endorsed a proposal by the board to capitalise JD8m ($11.3m) of retained earnings and distribute it as bonus shares at a rate of 25% to bring the company's capital up to JD40m, Jordan Times has reported. The general assembly also approved the allocation of JD2.55m to the company's compulsory reserve account and the distribution of cash dividends to shareholders at a rate of 15%, it said.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
