|16 January, 2020

GFH’s shares on Boursa Kuwait reclassified to main market

The reclassification will have no relation to GFH’s performance

GFH Financial Group chief executive Hisham Alrayes

GFH Financial Group chief executive Hisham Alrayes

Dubai –  GFH Financial Group announced that Boursa Kuwait has reclassified the segment of GFH’s shares on it from the premier market to the main market.

The reclassification coincides with the bourse’s recent market segmentation plans that segregate listed companies between the premier market and the main market upon the criteria Boursa Kuwait has set, according to a press release on Thursday.

However, the said change will have no relation to GFH’s performance, thanks to its sound financial position, the Bahraini firm clarified.

GFH is a Bahrain-based company listed on Bahrain Bourse (BHB), the Dubai Financial Market (DFM), and Boursa Kuwait.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Equities