Mubasher: Bahrain Bourse (BHB) and Trafco Group signed an agreement to assign the bourse as the share registrar for the group’s shares, according to a statement.
The Bahrain Bourse will provide Trafco Group with a variety of services, which includes maintaining a record of the share register that holds the shares in electronic form, and updating the data of the registry in accordance with the rules and regulations of Bahrain Bourse, Bahrain News Agency (BNA) reported.
The bourse will provide Trafco with online services that include real-time shareholding confirmations with the percentage of investors’ holdings’ dealings, investors’ account statements, and other periodical reports, the statement added.
It is worth mentioning that Bahrain Bourse issued a resolution regarding amending the listing requirements of the listed shareholding companies on the main board in line with the electronic registry system licensed by the Central Bank of Bahrain.