Dubai – Mubasher: Union Properties has appointed BH Mubasher as a liquidity provider for its shares traded on the market after obtaining necessary approvals from the Dubai Financial Market (DFM).
BH Mubasher will be committed to providing Union Properties' shareholders with continuous value and raising the level of liquidity on the company's shares on the DFM, according to the company's disclosure to the DFM on Wednesday.
BH Mubasher's liquidity services will enable Union Properties to raise its trading volume, reduce the overall liquidity risk discount on the stock prices, and maintain tight spreads.
It is noteworthy to mention that in 2017, the company appointed Al Ramz Corporation as a liquidity provider and re-appointed it in the past two years.
