Al Mawared Successfully Closes Capital Raise for Madfooatcom

Wednesday, March 28, 2018

 

Al Mawared, a Jordanian investment banking firm active in Brokerage, Corporate Finance, and Asset Management announced the successful closing of a capital raise for its client, MadfooatCom, to the amount of USD 2.3 million

Madfooatcom is the leading Electronic Bill Presentment and Payment (EBPP) provider in Jordan and operator of the nationwide integrated EBPP platform – eFawateercom

As financial advisor and placement agent for Madfooatcom, Al Mawared secured a private equity investment for MadfooatCom from Arab Palestinian Investment Company (APIC), an investment holding company with investments in manufacturing, trade, distribution, and service sectors throughout the MENA region

The capital increase will be used to support MadfooatCom's regional expansion.

ASE Summary as of 21/02/2019

MARKET SUMMERY

Value
Trading Value (JDs mil) 3.3
Trading volume (mil) 3.2
No. of Transactions 1763
No. of Securities 107

TOP 5 GAINERS

Symbol Last % Chg
AMAL 0.68 6.25
JOPI 1.13 4.62
AEIN 0.24 4.34
UNAI 0.48 4.34
SALM 1.5 4.16

TOP 5 LOSERS

Symbol Last % Chg
EMAR 0.15 -6.25
ELZA 0.16 -5.88
AIPC 2 -4.76
WIRE 0.21 -4.54
FRST 0.24 -4

MOST ACTIVE COMPANIES

Value Traded (JD) %
ULDC 609,110.930 18.27%
ARBK 438,429.420 13.15%
SPIC 424,965.700 12.75%
THBK 207,186.250 6.21%
AMON 162,931.500 4.89%

Annual Reports

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