Jordan Projects for Tourism Development Company (ASE:JPTD) agreed to acquire Golden Beach For Hotels Company from Orascom Development Holding AG (SWX:ODHN) on February 4, 2015. The transaction was agreed by the General Assembly in Jordan Projects' extraordinary meeting held on February 4, 2015.

Jordan Projects for Tourism Development Company (ASE:JPTD) completed the acquisition of Golden Beach For Hotels Company from Orascom Development Holding AG (SWX:ODHN) for JOD 7.5 million on June 24, 2015.