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Jordan Ceramic Industries to go into liquidation

Jordan Ceramic Industries to go into liquidation
Photo credit: Arabianeye - Reuters
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Mubasher: Jordan Ceramic Industries’ board said on Thursday that shareholders, in an extraordinary general meeting (EGM), approved on liquidating their company.

Shareholders agreed on a voluntary liquidation of the company and its subsidiaries, according to a statement by the company.

Amman-listed Jordan Ceramic Industries’ nine month losses were deepened by 7.99% to JOD 203,900.