GFH appoints SICO as Market Maker to acquire treasury shares
02 Jul 2017

GFH appoints SICO as Market Maker to acquire treasury shares


GFH has signed an agreement with SICO to act as a market maker for GFH’s shares which is based on the non?objection recently received from the Central Bank of Bahrain for further acquisition of treasury shares by GFH.

GFH’s shareholders’ (EGM) had earlier approved the acquisition of treasury shares on 12 April 2015.

Accordingly,  GFH  has  entered  into  this  market  marking  arrangement  to  acquire  treasury shares with an objective to stabilise and support share prices.

Source: CPI Financial