Company Real Estate Development Company PLC

Equities

REDV

JO3108711016

Real Estate Development & Operations

End-of-day quote Amman S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
0.58 JOD -1.69% Intraday chart for Real Estate Development Company PLC -6.45% -19.44%

Business Summary

Real Estate Development Company PSC (REDV)is a Jordan-based company that is engaged in the real estate development industry. The Companies activities include buying, selling ,investing and trading in real estate and land ad constructing projects for housing, commercial ,industrial and agricultural. The Company operates locally and has operations in Dubai, United Arab Emirates. The Company’ projects include a number of residential and housing projects, as well as industrial and commercial projects, such as Dubai Health Care City (DHCC) Office Building, REDV Commercial Building, and Abdali Tower. The Company operates through its head office located in Amman. The Company’s subsidiary companies include Iwan for Construction LLC, Al-Ula for Investment Management LLC, Arab East Investments for Real Estate PLC, Daret Amman for Housing Projects LLC, Asrar for Real Estate Investments LLC, Dghaileeb for Real Estate Investments LLC, and Al-Molheq for Real Estate Investments LLC.

Number of employees: 7

Members of the board

Members of the board TitleAgeSince
Director/Board Member 85 14-11-12
Chairman 70 14-10-28
Director/Board Member 67 19-04-26
Director/Board Member 61 -
Director/Board Member 59 -
Director/Board Member 79 -
Director/Board Member 85 16-06-12
Director/Board Member - -
Director/Board Member - 21-04-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 49,625,545 3,253,947 ( 6.557 %) 0 6.557 %

Shareholders

NameEquities%Valuation
22,586,570 45.51 % 20 M JOD
Wealth Investment Co.
20.07 %
9,959,847 20.07 % 9 M JOD
Osama Madi
8.060 %
3,999,819 8.060 % 4 M JOD
3,999,818 8.060 % 4 M JOD
Arab East Real Estate Investments Co.
5.572 %
2,765,135 5.572 % 2 M JOD
RAB Capital Ltd. (Investment Management)
2.531 %
1,256,000 2.531 % 1 M JOD
938,915 1.892 % 847 540 JOD
937,922 1.890 % 846 643 JOD
600,965 1.211 % 542 479 JOD
Social Security Corp.
1.173 %
582,107 1.173 % 525 456 JOD

Holdings

NameEquities%Valuation
919,790 1.96% 1,284,330 $

Company contact information

Real Estate Development

Redco Complex Wasfi Al-Tal Street

11196, Amman

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http://www.redv.com.jo
address Real Estate Development Company PLC(REDV)
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