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Listing of Jordanian- Non- Jordanian Closed Investment Fund

Estimated Time: 
Three working days after completing all necessary procedures
Location: 
Listing Dep.
Estimated Fee: 

(0.0004) of the paid in capital, where the collected fee should not exceed JD (3,000) per annum

1
  • Description
  • Procedures
  • Required Documents
  • Persons benefiting from the service
  • Files
  • Related Services

Listing of Jordanian/ Non- Jordanian Closed Investment Fund at the ASE, The listing application which submitted by the FM shall be  reviewed to make sure that it fulfills all the conditions and requirements specified in the Directives  then the investment fund is listed according to particular procedures.

Conditions for obtaining service

Conditions mentioned in Articles (6), (22)/ (6) and (23) of Listing Securities Directives. , in addition to the following conditions : 1- The relevant securities are registered with the JSC. 2- The relevant securities are deposited with the SDC. 3- There are no restrictions on the transfer of ownership of relevant securities except restrictions mentioned in legislation in force. 4- . The issuer has signed the listing agreement with the ASE, which determines the rights and obligations of the two parties in relation to listing of the securities. 5- A quittance certificate issued by Administration and Financial Department at the ASE.

Notes

none

Partner institutions:

none

Procedures

1-Reviewing the listing application to make sure that it contains all required information.
2-Completing all necessary procedures at  the JSC and SDC.
3-Signing  of a listing agreement with the FM, then, the FM shall announce in two daily newspapers all the information identified in Article (6) of Listing Securities Directives.
4-Determining a day for listing the investment fund.

Required Documents

An application submitted by the  FM, attached  with all required documents  identified in Article (22)/ (23) of Listing Securities Directives

Persons benefiting from the service

Investment fund manager (FM)

Files

No Found Files

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