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 08/04/2021

MARKET SUMMERY

Value
Trading Value (JDs mil) 6.7
Trading volume (mil) 7.6
No. of Transactions 2980
No. of Securities 89

TOP 5 GAINERS

Symbol Last % Chg
JNTH 0.85 4.94
JPPC 4.09 4.87
UCIC 0.45 4.65
ICMI 1.18 4.42
NAQL 0.24 4.35

TOP 5 LOSERS

Symbol Last % Chg
JOPH 8.78 -4.98
UCFI 0.58 -4.92
ARGR 0.78 -4.88
ASPMM 0.62 -4.62
AQAR 0.69 -4.17

MOST ACTIVE COMPANIES

Value Traded (JD) %
ATCO 737,300.260 0.00%
JNTH 697,376.350 0.00%
JOEP 586,786.200 0.00%
JOPH 555,598.400 0.00%
NATA 476,337.860 0.00%

Annual Reports

Flash Note - Jobedu Signs Licensing Agreement with Walt Disney Company for the Middle East
Flash Note - Madfooatcom Increases E-Payments Processed Through Its Platform