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Washington, D. FORM 8-K. Pursuant to Section 13 or 15 d of the Securities Exchange Act of Date of Report Date of earliest event reported : August 1, Jerash Holdings US , Inc. Exact name of registrant as specified in its charter. Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:. Securities registered pursuant to Section 12 b of the Act:. Emerging growth company x. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 a of the Exchange Act. The remaining balance of the aggregate purchase price will be due upon the transfer of ownership of the Property to Jerash Garments, which is expected to occur within one month of signing. The preceding description of the Agreement is a summary of its material terms, does not purport to be complete, and is qualified in its entirety by reference to the Agreement, a copy of which is being filed as Exhibit On August 6, , the Company issued a press release in connection with the Agreement, which is filed as Exhibit Pursuant to the requirements of the Securities Exchange Act of , the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. It is on the 1 st of August, , this Agreement has been concluded by and between: -. PLC, Represented by Mr. Box 1 Amman Jordan Tel: Fax: Institution National No. Under this Agreement, with all legal and actual guarantees, this Agreement has been made on the following terms and conditions The balance is due upon the transfer of ownership of the property, which is expected to occur within one month of signing. This is in keeping with our commitment to not only hiring a talented multinational workforce, but also providing high quality living space for our employees who relocate to Jordan as part of their contract with Jerash. We look forward to the further ramping of our new manufacturing facility, which we anticipate will add more than 1. Its production facilities are currently made up of four factory units and three warehouses and currently employ approximately 3, people. The total annual capacity at its facilities is expected to be approximately 8. Forward Looking Statements. This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by Jerash with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Jerash does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law. Richard J. Shaw, Chief Financial Officer. State or other jurisdiction. IRS Employer. File Number. Identification No. Address of principal executive offices Zip Code. Registrant's telephone number, including area code: Former name or former address, if changed since last report. Title of each class. Trading Symbol s. Name of each exchange on which registered. Exhibit No. Press Release dated August 6, Dated: August 6, Chief Financial Officer. The first party the seller owns the Plot No. The second party the buyer is willing to buy the Plot No. Both parties agree on the sale price is 70 Jordanian Dinars for each SQM, in which the value of the total plot area JD, payable as follow The second party agrees that he has examined and seen the Plot No. The second party agrees to continue the procedures of transferring the ownership and agrees to pay the rest of the agreed sale price within one month from the date of signing the agreement. All fees and expenses incurred in the transfer of ownership of the plot shall be borne by the second party. Arabic shall be the language that has the legal status and power to carry out the duties mentioned therein or to settle disputes in any judicial authority to which recourse shall be made. All services, notices and correspondences sent to the addresses indicated herein, are considered true and effective on the two parties and each party should notify the other party directly with the new addresses in the event of changing the above addresses. This agreement has been made from ten articles including this article, on two pages and two originals where each party has been handed one signed original.
Jordan is Not Just Petra – Roman Ruins, Dead Sea
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As I sat in my friends house after nearly 2 weeks in Jordan I heard the third of five call to prayers playing from the mosque across the main road. Jordan does get snow although one would not think that since it is in the middle of the Middle East. As I sit there and journal I look up and see one of the many street cats stride past the window. Jordan is full of wonderfully hospitable people. My lunch that day was from the street vendor who prepares a great sandwich and refuses to charge me. It only costs 1 JOD Dinar approx. I for one avoid the tomato, still pay the 1 JOD and get on my way. While buying a postcard I am also told I cannot pay for it. Back on the couch I reminisce of all that has taken place in those nearly two weeks in the lovely, stunning and amazing country of Jordan. It was a whirlwind tour of all the best Jordan has to offer in a tiny country with no water access. A country that 10 years ago only had a population of 1. All due to the fact that Jordan took under their wing refugees from so many nations. All bordering nations with Jordan, except Afghanistan. Saudi Arabia also shares a border and actually helps Jordan get some of their water via underground source. For this tiny nation to support so many people without asking for anything in return is absolutely amazing. In fact, not all live in camps here, instead many are invited to create a space on the land of Jordanians and just help out a bit. The water problem I mentioned happens to be one of the top issues in the world at the moment and the reason my friends have moved to Jordan…to help get funding and build a complete desalination pipeline from the Red Sea to Amman. The salinity at the Dead Sea is 9. I always thought I would experience this in Israel which splits the Dead Sea with Jordan but I guess one never knows where life takes you. By far one of the coolest experiences I have ever had. Not only is it fun to float but the mud at the bottom of the lake is very, very good for your skin. We left here feeling super soft, glowing and happy. They say, it makes you 10 years younger! Plus, you can easily come here on a day trip from Amman. There was more food than we could eat, tons of pools to swim in and the experience at the sea was simply awesome! At Wadi Rum we spent two nights and 3 days. It was the number one thing on the list for my boyfriend who pretty much planned this whole trip therefore we spent the most time here. It has been the staging ground for several movies including the one with Matt Damon everyone knows and Lawrence of Arabia back in the day. You can reserve a place to stay online or just stop at a camp and pay. There are tons of camps but the quality varies significantly. Some very luxurious while others are absolutely basic. Rum Stars was probably in the higher end of middle ground. By the way sunsets in Jordan were amazing no matter where you are and should not be missed but the best one we saw was actually in Dana Reserve. A place we only stayed a night but it deserved more. Our guide through Rum Stars was great. He spoke plenty of English and every day he would stop somewhere and make us lunch and take a tea break. Days were busy and long. I started each day with a run exploring on my own. I was surprised how easy it was to run on the sand…as long as you were away from vehicle tracks and dunes. I never saw animals but looked hard and enjoyed finding tracks everywhere. Day one was all in the truck stopping at the sights; rock bridges, odd shaped rocks, petroglyphs, etc. Day two was hiking. Day three was camel ride for 4 hours. My first time riding one in the desert! It was cool until everything ached took a few days to feel less sore. Stopping often definitely helped rest the bum and legs. It was worse then riding a horse because your legs are so far spread out. They are big, loved eating bushes even while walking, were kind of cute and I am glad we never ran on them. Days ended in the hut, around a fire, usually with an enthralling discussion of Bedouin life or travel…with some tea of course. The hike in the desert was wonderful too. Tea at the top was a lovely treat. Can you tell that tea coffee too is important in Jordan? The guide gathered some dried branches and collected a local sage, carried it up to the top of the second highest peak in Jordan Jabal Al-Hash and made us tea from his kettle. It was great to be so high up as it put before us a different perspective of the desert and the vastness of its mountains. It was very enjoyable at the top with some desert flowers between the rocks, a light breeze, great visibility and just five people in total. There were plenty of tourists traveling in Jordan no worries but you could definitely find peaceful spots throughout. In truth it is no where near like it used to be as we sat daily, max 10 people, in a huge dining hall meant for 60 tourists. According to the Bedouins, November marked the return of tourism, before that there were even fewer visitors due to covid. Most visitors were Europeans on holiday and it was incredibly rare to find someone from America…in fact everyone was surprised when we mentioned we were from there. The Bedouins, typically nomadic camel and goat herders, have created a town at the entrance to the desert to live and make it easy for tourists to find them. It is sort of their adaptation to modern society. When you travel to Jordan I highly recommend purchasing before arrival the Jordan Pass online. It is perfect for entry to the main tourist sights all around the country and it includes the entry visa too! The visa alone is 56 JOD approx. Even having paid extra, the Jordan Pass was worth every penny! Keep in mind that it is a single entry visa that comes with the Pass! Also, it is only valid for trips where you stay at least three nights and up to 2 weeks since first attraction usage. It is also available on arrival but the deal is not quite the same so purchase it online. It is nice to know that it is available to so many countries! Be sure to see if you are on the list. Overall, I used it for entry into at least 10 or more of the 40 locations it covers, including Wadi Rum and Jerash 2 top attraction. Plan your trip accordingly! Petra was directly after Wadi Rum and I think putting these two together over a few days is very tiring. Petra is big! From the entrance it is 3. By far the best recommendation I can give is to try to plan your trip around seeing Petra by night. It is only offered a few times a week and costs an additional 17 JOD but it was spectacular and more personal. It was crowded but no where near how it is during the day time! I would also suggest staying at least 2 full days in town Wadi Musa whether you are like us and do everything in one day or space it out. A bit of rest is highly recommended when seeing these spectacular rock cut buildings! Especially if paired with Wadi Rum, as both are in the South and about an hour away from each other. The closest city with airport is Aqaba on the Red Sea at two hours away v. Amman at over three hours. It was overthrown at some point A. Between those times it was the lost city except to the Bedouins of course until finally being rediscovered by a Swiss explorer in the s. In addition, to the amazing structures that were built here, it is important to note the system of harvesting water that the Nabataeans created and is visible even today. From damns, water ways, storage and more all incorporated into the area for year round water usage. There is even a spot where a natural fountain had been incorporated into the system. At the height, Petra had about 20, inhabitants living among the rock caves. By the way the names of Treasury Al-Khazneh aka the most photographed of the whole site and the Monastery Ad-Deir do not necessarily convey their true usage. Most seemed be be tombs or temples to the Nabataean gods. Areas like this are not just found in Jordan but can also be found in Saudi Arabia in larger form and with far fewer tourists. Petra seemed over ran with tourists. We probably shared the whole place with maybe visitors this for us did include locals who enter for 2 JOD on Fridays after prayer but prior to Covid we heard around 10, visitors came daily. A few friends had been 10 years ago and were shocked to hear about the amount of people who visit now since in their experience there were only a handful maybe and disgusted to know that there are restaurants and vendors inside and throughout the whole site. This was also quite bothersome to us. It was literally over run by them, all were kids persistently trying to sell something, even some within ruins. The worst was the kids unabating offers as you walked into the site for us to visit the famed lookout above the Treasury for 5 JOD which we declined. So wrong! Petra seems to have fallen into the traps of over tourism I have seen around the world. Or maybe that over tourism of the past was all just an artificial cover and when covid took it away poverty ensued and they are trying to get their lives back? It is a shame to see it like this but yet again it is an incredible site so worthy of a visit. I hope things changes in the near future but go prepared for some annoyances, sad images and no rules including tourists lack of respect for the Islamic nations rules. I personally did not expect these ruins here. I guess I knew the Roman Empire was vast and nearly everywhere but I somehow forgot how extensive it was or what could possibly have been left over from their empire. From the City and Capital of Amman you have the Citadel with Hercules Temple and Roman Theater right in the center prominently placed and not to be missed especially if you can go at sun down…Very cool! An hour away you have Jerash which will blow your mind with the sheer size, detail and magnitude of preservation found here in the largest Roman city outside of Italy! Lake Tiberias, as you might know, in Israel is called the Sea of Galilee a biblical reference! Plus, the restaurant in the site is a real treat with this view. Then an hour South of Amman in Madaba you can see both Greek and Roman ruins or churches with wonderful mosaics and painted walls. Although, if you have time, we thought the best mosaic was located just outside of Madaba at Mt. Nebo…aka where Moses passed away after seeing the promised land. Along with the Roman and Greek ruins obviously come many stories pertinent to the Christians, Jews and Muslims who each have a lot of history in this region of the world. If you know of or have interest in any of these religions, this history and these sights are an added bonus found in visiting Jordan. A quick note regarding how we traveled. Besides going with our friends we also rented a car. Driving was pretty easy here, they are generally slow drivers and kind of just go with the flow, someone enters your lane, just move over a bit and life goes on…it was more of a jostling for space in a non aggressive way type of driving. You do need to be decisive about making a move instead of waiting around for a car to pass. If you decide not to rent a car, know that quite a few locations can be reached via public transit. Then there is always a local tour agency. If renting a car, know that it might smell of smoke Jordanians smoke a lot and everywhere, taxis drivers too and be sure to check that the car registration license is in the car. We did not have ours and were pulled over at a checkpoint figuring it out in Arabic for over 20 minutes with a translator app. In the end, the rental car agency got a ticket and all future checkpoints were a breeze once we showed the blue paper to them. Roads were in good condition but lanes were not usually well defined and you should consider the shoulder part of your lane in most instances. For example, when cars needed to pass. Everything is all just ebb and flow and slamming on breaks seemed rare. Lastly, as far as lodging when not with our friends or on tour in Wadi Rum we used Airbnb. Travel during Covid times is much more complicated now. It seems the Vaccine Card is more important than the Passport these days and there are just so many more steps to do before even boarding a plane it is ridiculous. Not to mention where to get the covid test PCR or antigen? Travel though is still possible and can still be safe. In fact, in Jordan masks were present in most places, especially in Amman and all indoor situations. Several times we even had our vaccine cards digital or physical checked, so keep those handy. There were a few more stops made on this trip which I will cover in a separate blog about day trips from Amman very soon. Please leave any comments below and feel free to share or subscribe to this blog and be the first to receive future posts. Jordan Pass Info and Purchase. Amman Airport to City bus. More History of Petra. Petra Locations explained. Umm Qais History and Info. Medieval Jordan Info. Other Middle Eastern voyages. Good Jordon story Tarae. But then read the and really enjoyed the Belize blog being we just spent 3 wks. So good we did it again in Flores. Like Like. Petroglyphs Bedouins At the top is so peaceful. Petra by Night Monastery from higher up. The half circle you see is another example of water systems. The amazing Sandstone colors Roman stuff in Petra with a very cool background Persistence for a Sale The tombs of Petra Do you spot the lions and medusa? The urn at the Treasury Irrigation evidence found in Petra Walk like an Egyptian…after all they may have stashed some treasures here…or not. Share Blog Please Tweet. Like Loading Dado Like Like. Leave a comment Cancel reply. Climbing Mt. Helens Summit. Comment Reblog Subscribe Subscribed. Sign me up. Already have a WordPress. Log in now. Loading Comments Email Required Name Required Website.
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