CAPITAL BANK OF JORDAN
To: Jordan Securities Commission, | ﺔﻴﻟﺎﻤﻟﺍ ﻕﺍﺭﻭﻻﺍ ﺔﺌﻴﻫ ﺓﺩﺎﺴﻟﺍ |
Amman Stock Exchange | ﻥﺎﻤﻋ ﺔﺻﺭﻮﺑ ﺓﺩﺎﺴﻟﺍ |
Company's Name: CAPITAL BANK OF JORDAN | ﻲﻧﺩﺭﻷﺍ ﻝﺎﻤﻟﺍ ﻚﻨﺑ :ﺔﻛﺮﺸﻟﺍ ﻢﺳﺍ |
Date: 29-04-2024 02:58:49 PM | PM 02:58:49 2024-04-29 :ﺦﻳﺭﺎﺘﻟﺍ |
Subject: Other Material Information | ﻯﺮﺧﻷﺍ ﺔﻳﺮﻫﻮﺠﻟﺍ ﺕﺎﻣﻮﻠﻌﻤﻟﺍ :ﻉﻮﺿﻮﻤﻟﺍ |
CAPITAL BANK OF JORDAN announces the occurrence of | ﻱﺮﻫﻮﺠﻟﺍ ﺙﺪﺤﻟﺍ ﻉﻮﻗﻭ ﻦﻋ ﻲﻧﺩﺭﻷﺍ ﻝﺎﻤﻟﺍ ﻚﻨﺑ ﺔﻛﺮﺷ ﻦﻠﻌﺗ |
the following material event: | :ﺔﻛﺮﺸﻠﻟ ﻩﺎﻧﺩﺃ ﻦﻴﺒﻤﻟﺍ |
Material Event | ﻱﺮﻫﻮﺠﻟﺍ ﺙﺪﺤﻟﺍ |
Date of event: 29-04-2024 | 2024-04-29 :ﻱﺮﻫﻮﺠﻟﺍ ﺙﺪﺤﻟﺍ ﺦﻳﺭﺎﺗ |
Any law suits brought by or against the Company or any | ﻭﺃ ﺔﻴﺋﺎﻀﻗ ﺕﺎﻋﺍﺰﻧ ﻱﺃ ﻭﺃ ﺎﻬﻴﻠﻋ ﺖﻤﻴﻗﺃ ﻭﺃ ﺎﻬﺘﻣﺎﻗﺃ ﻲﺘﻟﺍ ﻯﻭﺎﻋﺪﻟﺍ |
judicial or labor disputes that might materially affect the | ﺔﻛﺮﺸﻠﻟ ﻲﻟﺎﻤﻟﺍ ﺰﻛﺮﻤﻟﺍ ﻰﻠﻋ ﻱﺩﺎﻣ ﺮﺛﺍ ﺎﻬﻟ ﻥﻮﻜﻳ ﺪﻗ ﻲﺘﻟﺍﻭ ﺔﻴﻟﺎﻤﻋ |
Company's financial position, whereby the Commission | ،ﺕﺎﻋﺍﺰﻨﻟﺍ ﻭﺃ ﻯﻭﺎﻋﺪﻟﺍ ﻚﻠﺗ ﻦﻋ ﻑﺍﻭ ﺮﻳﺮﻘﺘﺑ ﺔﺌﻴﻬﻟﺍ ﺪﻳﻭﺰﺗ ﻊﻣ |
must be provided with a thorough report about such | ﻲﻟﺎﻤﻟﺍ ﺎﻫﺰﻛﺮﻣﻭ ﺔﻛﺮﺸﻟﺍ ﺔﻴﺤﺑﺭ ﻰﻠﻋ ﻊﻗﻮﺘﻤﻟﺍ ﺎﻫﺮﺛﺃﻭ |
proceedings or disputes, and their expected impact on the | |
Company's profitability and financial position | |
In Accordance with article 43/D of the Securities Law No. | (18) ﻢﻗﺭ ﺔﻴﻟﺎﻤﻟﺍ ﻕﺍﺭﻭﻷﺍ ﻥﻮﻧﺎﻗ ﻦﻣ (ﺩ/43) ﺓﺩﺎﻤﻟﺍ ﻡﺎﻜﺣﺄﺑ ًﻼﻤﻋ |
18 of 2017 and article (8) of the Instructions of Issuing | ﺓﺭﺪﺼﻤﻟﺍ ﺕﺎﻛﺮﺸﻟﺍ ﺡﺎﺼﻓﺇ ﺕﺎﻤﻴﻠﻌﺗ ﻦﻣ (8) ﺓﺩﺎﻤﻟﺍﻭ 2017 ﺔﻨﺴﻟ |
Companies Disclosure, Accounting and Auditing Standard | ﺩﻮﻧ ،2004 ﺔﻨﺴﻟ ﻖﻴﻗﺪﺘﻟﺍ ﺮﻴﻳﺎﻌﻣﻭ ﺔﻴﺒﺳﺎﺤﻤﻟﺍ ﺮﻴﻳﺎﻌﻤﻟﺍﻭ |
of 2004, kindly be advised that the Amman Court of | ﺦﻳﺭﺎﺘﺑ ﺕﺭﺮﻗ ﺪﻗ ﻥﺎﻤﻋ ﻑﺎﻨﺌﺘﺳﺍ ﺔﻤﻜﺤﻣ ﻥﺄﺑ ﻢﻜﻣﻼﻋﺇ |
Appeal has decided on the date of April 28, 2024, to | ﻡﺍﺰﻟﺈﺑ ﻪﺋﺎﻀﻗ ﺚﻴﺣ ﻦﻣ ﺔﻳﺍﺪﺒﻟﺍ ﺔﻤﻜﺤﻣ ﻢﻜﺣ ﺪﻴﻳﺄﺗ 2024/04/28 |
affirm the judgment of the Court of First Instance, which | ﺮﺸﻋ ﺪﺣﺃ) ﺭﺎﻨﻳﺩ 11,351,734 ﻎﻠﺒﻣ ﺀﺍﺩﺄﺑ ﻲﻧﺩﺭﻷﺍ ﻝﺎﻤﻟﺍ ﻚﻨﺑ |
obliges Capital Bank to pay an amount of 11,351,734 JOD | ﻥﻮﺛﻼﺛﻭ ﺔﻌﺑﺭﺃﻭ ﺔﺋﺎﻤﻌﺒﺳﻭ ﻥﻮﺴﻤﺧﻭ ﺪﺣﺍﻭﻭ ﺔﺋﺎﻤﺛﻼﺛﻭ ﺎﻧﻮﻴﻠﻣ |
(Eleven million, three hundred fifty-one thousand, seven | ﺔﺷﺎﻤﻋ ﻩﺪﺒﻋ "ﻥﺎﺴﺣﺇ ﺪﻤﺤﻣ" ﻥﻭﺪﻠﺧ ﻲﻋﺪﻤﻠﻟ (ﻲﻧﺩﺭﺃ ﺭﺎﻨﻳﺩ |
hundred and thirty-four Jordanian Dinars) to the plaintiff | ﺍﺬﻫ ﻲﻓ ﻦﻌﻄﻟﺍ ﻲﻧﺩﺭﻷﺍ ﻝﺎﻤﻟﺍ ﻚﻨﺑ ﻡﺰﺘﻌﻳﻭ ،ﺔﻴﻧﻮﻧﺎﻘﻟﺍ ﺪﺋﺍﻮﻔﻟﺍﻭ |
Khaldoon "Mohammad Ihsan" Abdoh Amasheh, along | ﺩﺎﻓﺍ ﺚﻴﺣ ،ﺔﻴﻧﻮﻧﺎﻘﻟﺍ ﺓﺪﻤﻟﺍ ﻝﻼﺧ ﺰﻴﻴﻤﺘﻟﺍ ﺔﻤﻜﺤﻣ ﻡﺎﻣﺃ ﺭﺍﺮﻘﻟﺍ |
with the legal interest. Capital Bank intends to challenge | ﺔﻳﺮﻫﻮﺟ ﺔﻴﻧﻮﻧﺎﻗ ﻁﺎﻘﻧ ﺓﺪﻋ ﻙﺎﻨﻫ ﻥﺄﺑ ﻚﻨﺒﻠﻟ ﻲﻧﻮﻧﺎﻘﻟﺍ ﺭﺎﺸﺘﺴﻤﻟﺍ |
this decision before the Cassation Court within the legal | ﺩﻮﻌﻳﻭ .ﻪﺑ ﻡﺪﻘﺘﻟﺍ ﻱﻮﻨﻤﻟﺍ ﻱﺰﻴﻴﻤﺘﻟﺍ ﻦﻌﻄﻟﺍ ﺪﻳﺆﺗ ﻥﺃ ﺎﻬﻧﺄﺷ ﻦﻣ |
timeframe, as the bank's legal counsel has indicated that | ﺓﺪﻋ ﺖﻤﻴﻗﺃ ﻥﺍﻭ ﻖﺒﺳ ﺚﻴﺣ 2007 ﻡﺎﻌﻟﺍ ﻰﻟﺍ ﻉﺍﺰﻨﻟﺍ ﺍﺬﻫ ﻞﺻﺃ |
there are several substantial legal points that could | ﺮﻳﻮﻄﺘﻠﻟ ﻖﻓﻷﺍ ﺔﻋﻮﻤﺠﻣ ﺔﻛﺮﺷﻭ ﻚﻨﺒﻟﺍ ﻦﻴﺑ ﺎﻣ ﺔﻴﺋﺎﻀﻗ ﻯﻭﺎﻋﺩ |
support the intended cassation. The origin of this dispute | ﺭﺪﺻﻭ ﺔﺷﺎﻤﻋ ﻥﻭﺪﻠﺧ ﻲﻋﺪﻤﻟﺍﻭ ﻲﺟﻭﺃ ﻲﻤﻈﻧ ﺎﻬﻜﻟﺎﻤﻟ ﺭﺎﻤﺜﺘﺳﻻﺍﻭ |
dates back to the year 2007, whereby several lawsuits | ﻚﻨﺒﻟﺍ ﺢﻟﺎﺼﻟ ﺎﻬﻌﻴﻤﺟ ﺖﻧﺎﻛ ﺔﻴﺋﺎﻀﻗ ﺕﺍﺭﺍﺮﻗ ﺓﺪﻋ ﻉﺍﺰﻨﻟﺍ ﺍﺬﻫ ﻲﻓ |
were filed between the bank and Horizon Group for | ﻲﻓﻭ ،ﻚﻨﺒﻟﺍ ﺪﻛﺃ ﺪﻗﻭ ،ﺰﻴﻴﻤﺘﻟﺍ ﺔﻤﻜﺤﻣ ﻞﺒﻗ ﻦﻣ ﺎﻬﻌﻴﻤﺟ ﺕﺪﻳﺃﻭ |
Development and Investment owned by Nazmi Oji and | ﻊﺿﻮﻟﺍ ﺔﻧﺎﺘﻣﻭ ﺓﻮﻗ ﻰﻠﻋ ﺮﺛﺆﺗ ﻦﻟ ﻯﻮﻋﺪﻟﺍ ﻩﺬﻫ ﻥﺄﺑ ﻝﺍﻮﺣﻻﺍ ﻊﻴﻤﺟ |
the plaintiff Khaldoon Amasheh, and several judicial | .ﻪﻟ ﻲﻟﺎﻤﻟﺍ |
decisions were issued in this dispute, all of which were in | |
favor of the bank and were all upheld by the Cassation | |
Court. The bank, in all cases, believes that this lawsuit will | |
not affect the strength and solidity of its financial position. | |
Page 1 of 2
CAPITAL BANK OF JORDAN
Please accept our sincere thanks and appreciation. Chairman of Board of Directors
User Name: Mervat Kharoub
.ﻡﺍﺮﺘﺣﻻﺍ ﻖﺋﺎﻓ ﻝﻮﺒﻘﺑ ﺍﻮﻠﻀﻔﺗﻭ ﺓﺭﺍﺩﻹﺍ ﺲﻠﺠﻣ ﺲﻴﺋﺭ Mervat Kharoub :ﻡﺪﺨﺘﺴﻤﻟﺍ ﻢﺳﺍ
Page 2 of 2
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Capital Bank of Jordan PSC published this content on 29 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2024 12:15:27 UTC.