Overview
Investment House for Financial Services (InvestHouse)
was established as a shareholding company on May 4th, 2005 under the Jordanian Companies Law number 22 for the year 1997 with an authorized paid up capital of 6JD million.
InvestHouse financial brokerage services started in Amman Stock Exchange (ASE) on 27th Sept. 2005.
InvestHouse main goals are to carry out all brokers' activities at Amman and other Stock Exchange markets, buying, selling and trading in securities in Jordan and other countries, offering financial investment consultation in securities, investment management, managing initial public offerings all in accordance with Securities Commission Law and other laws and instructions.
InvestHouse invests in the training and development of its employees to keep them up-to date with the newest tools and skills in the stock market analysis and investment decisions.
On July 14th 2007 the General Assembly in its extra-ordinary meeting decided to increase the declared paid up capital to12 million JD/Share. The procedure was completed by private underwriting during the period December 3rd 2007 - December 13th 2007 by issuing 6 million stocks for the value of 1JD per share.
On November 23rd 2008 the General Assembly in its extra-ordinary meeting decided to increase the declared paid up capital to 24 million JD/Share by private underwriting and / or thru a strategic partner and authorized the Board of Directors to take the requisite measurers in carrying out the required procedures in the appropriate time.
InvestHouse has successfully managed 3 IPO's of major Jordanian companies; First Finance, First Insurance and Amoun International for Diversified Investment.