Dubai – Mubasher: GFH Financial Group, which is listed on Bahrain Bourse (BHB), the Dubai Financial Market (DFM), and Boursa Kuwait, on Wednesday announced that Al Hilal Bank has raised its stake on the back of the recent distribution of bonus shares.
The bank increased its ownership to 5.296% (194.992 million shares), instead of 4.998% (184 million shares), according to the company’s filing to the DFM.
By 12:19 pm UAE time, GFH’s stock rose 2.58% at AED 0.95.
