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LADAEN approves converting the company from public shareholding company to private shareholding company

2025-07-17

The general assembly of Palestine Plastic Industrial Company LADAEN approved, in its meeting on 16/07/2025, converting the company from public shareholding company to private shareholding company, and obligating the small shareholders to sell their shares owned in the company for Palestine Industrial Investment Company PIIC. Where PIIC must purchase all the shares of small shareholders, amounting to (54,137) shares, at a purchase price equivalent to ( JD3.07) per share and bear all related trading commissions.