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Mubasher: Bahraini Keypoint Trust has increased its ownership in GFH Financial Group (GFH) to 5.03% of the total paid-up capital.
The total number of shares owned by Keypoint Trust in GFH reached 185.354 million shares after raising its stake, according to GFH’s disclosure to Bahrain Bourse.
It is noteworthy to mention that in 2019, GFH’s net profits attributable to the shareholders dropped by 29.8% to $80.1 million from $114.1 million in 2018.
Source: Mubasher
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