Thursday June 25 2015
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: Jordan
Link: http://www.exchange.jo/en/initial-approval-converting-ase-shareholding-company
On 17th June 2015, the Council of Ministers approved, in principle, the converting of the Amman Stock Exchange (ASE) to a public shareholding company.
The Cabinet approved the amendments to the current temporary Securities Law in preparation for sending it to the Legislation and Opinion Bureau to get the approval in order to complete the necessary constitutional procedures for conversion of the ASE to a public shareholding company.
Click on the link above for further details.