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     2005 Press Releases  


 
International Cards Company Conducts First Official Shareholder Meeting


[Amman, Jordan – June 5th , 2006] The first official shareholder’s meeting for the recently public company, International Cards Company (ICC) was held on June 4th, 2006 at the Sheraton Hotel. This meeting was held subsequent to receiving all the approvals to transfer the company status from a limited liability to a public shareholding company.
 

International Cards Company became officially public as of May 9th, 2006 with a paid-up capital of JD10 million. The shareholders consist of a strong network of specialized companies and businessmen. ICC’s commitment revolves around studying the market and tailoring the most convenient and flexible financial solutions to cater to the existing needs of the existing and potential clients.

During the meeting the shareholders reviewed the establishment’s committee report and the general expenses regarding the company status transformation. The first Board of Directors was elected and consisted of Mr. Makram Khalil Alami, Suhail Muasher & Bros. Company, Mr. Marwan Salim Kheirelddine, ALRoucheh for Investments and Trade, Ready Mix Concrete and Construction Supplies Company, Mr. Khalil Makram Alami, Mr. Anas Al Chalabi, Mr. Mansour Akram Alami, Mr. George Jack Khayyat, and Grant Thornton was elected as the External Auditor.

ICC was incorporated in Jordan as a limited liability company in 1999 as a principle member of MasterCard International and in 2004 ICC became a Super Agent for MoneyGram International. Exponential growth has been a trend at ICC allowing it to obtain a leading role in the MasterCard network in Jordan. ICC’s vast network consists of a substantial and diversified client base of individuals and reputable establishments. ICC has a full service MasterCard® center in Jordan offering the many MasterCard® products. ICC will continue to maintain its high end Customer Care and flexible product base.

The Chairman of the Board, Mr. Makram Alami said, “We are very enthusiastic regarding this strategic stride forward for ICC, it opens new doors for us to more effectively fulfill our vision as a comprehensive financial solutions company. We have come very far since our establishment and wish to go a lot further with immense ambition to actively enhance the overall development of the credit card sector in our beloved Jordan and support our Jordanian National Economy”


For more information contact:
Reem Maroun
Business Development Manager
International Cards Company
Tel:  +962 6 5660 660
Fax: +962 6 5650 822
Email: Rmaroun@kartee.com.jo


 




 
       
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