AMMAN, Nov. 19 (Xinhua) -- Jordan said on Tuesday that the restructuring of the Securities Depository Center (SDC) will not affect the rights of shareholders of listed firms in Amman Stock Exchange.
"The decision announced by the Jordanian government on Monday will not affect the rights, ownership and investments of the investors," the Jordan Securities Commission (JSC) was quoted by state-run Petra news agency as saying in a statement.
The government decision is part of the ongoing reform and stimulus program will ensure the continuation of SDC's functions, JSC added.
The restructuring will follow the recommendations of a specialized committee that will be set up to pursue this effort in accordance with international practices and standards, the statement concluded.
On Monday, Jordanian Prime Minister Omar Razzaz announced the merger and cancellation of eight public entities as part of measures to ration spending and improve public sector's performance.
