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Union Land Development Corporation Psc
Building (6) 2nd Floor
Ariteria Street, Um Uthaina Area
Phone: +962 65520842p:+962 65520842 AMMAN, 11192  Jordan Ticker: ULDCULDC
Business Summary
Union Land Development Corporation PSC (ULD) is a Jordan-based public shareholding company engaged in real estate operations primarily in the commercial and tourism industries. The Company’s operations include investments in land and real estate for residential, commercial, touristic, recreational and industrial use; investment in, construction and operation of hotel chains; land subdivision and sale; general construction and development, and maintenance and facilities management. The Company’s subsidiaries includes wholly owned Al Nibal Housing Limited, Al Atraa Housing Company Limited and Paradise Contracting and Construction Co., among others. The Company’s projects portfolio includes, among others, Abdoun 1 Apartments, 3rd Circle Building and Wadi Saqra Apartments.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202312/31/2022Yes----

Industries
SIC Code Description
6512 Operators of nonresidential buildings
1531 Operative builders
1542 General contractors-nonresidential buildings, other than industrial
1541 General contractors-industrial buildings and warehouses
6552 Land subdividers and developers, except cemeteries
6531 Real estate agents and managers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Samer A.Al Shawarwah 43 2/28/2015 8/23/2010
Vice Chairman of the Board, representing Union Tobacco and Cigarettes Factories Khalid M.Zaifullah 2/28/2015 2/28/2015
Head of Accounting Department and Acting Chief Financial Officer Amer M.Al Tahayana 43 4/1/2012 4/1/2012
5 additional Officers and Directors records available in full report.

Business Names
Business Name
ULDC
Union Land Development Corporation

General Information
Number of Employees: 57 (As of 12/31/2013)
Outstanding Shares: 42,065,129 (As of 3/31/2023)
Stock Exchange: AFM
Fax Number: +962 65520912


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Sunday, April 28, 2024