Khaberni - Exclusive
Rum Group for Transport and Tourism Investment announced the offering of the hotel property owned by the group, for sale in a public auction for the benefit of the Jordanian Commercial Bank.
In a disclosure to the Securities Authority, monitored by Khaberni, the Rum Group stated that on September 14th, through the Official Gazette, the first public auction sale was announced for a duration of 30 days, according to a decision issued by the West Amman Court Execution Department in case number (..), for the benefit of the creditor, the Jordanian Commercial Bank.
The group announced that the Executive Chief's decision included the offering of the hotel property owned by the group for sale in a public auction and mortgaged to the Commercial Bank as a first lien, noting that the loan balance is 1.367 million dinars.
The group informed shareholders of this development, in compliance with disclosure and transparency obligations.
