Jordan Daily – 100 JORDAN, a company specializing in integrated solutions for prefabricated construction, tourism site development, and commercial centers, announced its plans to go public and list its shares on the Amman Stock Exchange in 2025.
This marks the first initial public offering (IPO) on the exchange in over 15 years, according to a press release issued by the company on Tuesday.
Dr. Nedal Malo Alein, Chairman of 100 JORDAN, said the IPO represents a pivotal milestone for the company, emphasizing that becoming a publicly traded entity underscores its commitment to strengthening its presence in the Jordanian market and contributing to the country’s economic growth.
“Our transition to a public company reaffirms 100 JORDAN’s ambition to establish a long-term role in Jordan’s development. This move is key to achieving our goals,” Malo Alein stated.
In line with its expansion strategy, 100 JORDAN aims to attract investors and business partners to fuel sustainable growth, broaden its business scope, and increase investments across the kingdom.
The company plans to expand its portfolio in the coming years, focusing on tourism and commercial projects across various Jordanian provinces. Its future developments will prioritize eco-friendly practices, adhering to global sustainability standards, and utilizing renewable energy sources.
Founded five years ago, 100 JORDAN has since delivered a range of high-profile projects in tourism and infrastructure, including metal structures, agricultural facilities, and prefabricated buildings.
