GFH suspends trading ahead of plans to raise restructuring capital

18 August 2010

Gulf Finance House (GFH) has suspended trading in its shares in the Bahrain and Dubai stock markets until August 23 ahead of plans to raise capital as part of its restructuring, Gulf Daily News has reported. Details of the restructuring and the amount of capital it wants to raise are expected to be announced shortly. GFH had raised $300m of fresh capital in November.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications