Dubai-Mubasher: GFH Financial Group said that the cassation court issued an order for lifting the previous preventive seizure of the group’s shares, according to a bourse statement.
GFH noted that it had taken legal measures to revoke the seizure order earlier issued by a Bahraini court, which then led the Bahraini bourse to indefinitely suspend trading on the company’s shares starting from 9 November and until the group discloses all information relevant to the case.
GFH also clarified that the seizure was only limited to the shares owned by the company not its investors.
