Dubai – Mubasher: GFH Financial Group received the Central Bank of Bahrain’s (CBB) approval to acquire treasury shares equivalent to about 5% of GFH’s total issued shares, according to a bourse statement.
The acquisition will be through the market making arrangement with Securities & Investment Company (SICO).
GFH had appointed SICO as a market maker in order for the latter company to own a stake in GFH as treasury shares.
