Bahrain's GFH plans to increase capital base by $300m

23 August 2010

Bahrain's Gulf Finance House (GFH) has announced plans to increase its capital base by $300m, and asked the Bahrain bourse to suspend trading in the stock until August 23, Reuters has reported. The capital raise will be the Islamic investment firm's second in less than a year as it looks to boost its liquidity position.

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