Jordan Investment Trust PLC (Jordinvest) recently signed a financial consultancy agreement with the Salam International Transport and Trading Company. This contract allows Jordinvest to conduct a comprehensive financial analysis for the company’s financial records.
The study will provide Jordinvest’s professional expertise on raising Salalm’s capital in the near future. Tactic’s currently being discussed to reach Salam’s objective include a public offering or private placement. Other possible strategies for Salam are introducing strategic partnerships or loan bonds.
In light of this agreement, Chairman/CEO of Jordinvest, Mr. Ahmad Tantash, stated, "The level of trust Jordinvest has gained amongst both its shareholders and its clients makes us proud. I can only attribute our success to the handwork and determination of our team, for the team spirit shared by every member of the Jordinvest staff serves to ensure the firm's advancement. I am proud to say that Jordinvest is amongst the most vibrant and most resourceful private firms functioning within the Jordanian market, and it is a leading player shaping the local economy and the regional economic scene at large."
From his end, Chairman of Salam International Transport and Trading Company, Saed Sulaiman, commented on the agreement by saying, "The Salam International Transport and Trading Company have set up a comprehensive strategy for the development of its operations. We aim to expand on the consultancy services offered in the fields of real-estate and transportation. With these objectives in mind, we seek new ways to generate profit. We realized that any new methodology we adopt should be one dependant on our own personal resources, making our raise in capital essential. Hence, we turned to Jordinvest so we may benefit from the wide experiences of such a professional and resourceful organization."
This particular agreement serves as further proof of the level of expertise and efficiency that Jordinvest had achieved over the years as Jordinvest's team of qualified consultants serve to ensure a high level of performance for the firm. It is this high performance level that makes Jordinvest a market leader in the fields of consultancy, investment, and finance.
This new agreement comes as an addition to the increasing portfolio of successes earned by the firm, as Jordinvest is known as the first public shareholding company in Jordan to provide investors with a comprehensive array of financial and consultancy services. Its name, and its successes have been well respected on both a local and regional scale, and thanks to the team of qualified professionals employed in its corporate finance division, the firm has formed several pioneering partnership with leading Jordanian firms including: Royal Jordanian, JATS, Ihdathiyat, and others.
In light of these developments, Jordinvest's Vice President of Corporate Finance, Mr. Hani Al Ali, said, "This agreement helps us move closer towards our goals for advancement. Through this new contract we can now develop Salam International Transport and Trading Company to further increase its productivity. Its agreements like these that help us solidify our market status as providers of quality services and solutions for our clients, and we at the division of corporate finance at Jordinvest strive to see the goals of this particular firm achieved in a timely fashion."
Jordinvest also aims to soon announce the launch of several new initiatives. These initiatives, which are currently in the final stages of issuing, will include the launch of a series of IPO's, bonds, and loan bonds for several firms alongside new consultancy services as well.
Jordan Investment Trust (Jordinvest): Established in 1998 with headquarters based in Amman, Jordan Investment Trust (Jordinvest) is Jordan’s first public shareholding company offering its investors and clients a variety of integrated investment banking services in both the local and regional markets. Services include issuing bonds, restructuring, financial advisory, and asset management activities. Jordinvest adheres to ethics, confidentiality, fairness, quality of service, and client focus. It strives to become the institution with the greatest knowledge of the local and regional economies and capital markets to provide clients with successful investments.
