GFH approves $60mln dividends for 2021, in cash, bonus shares
Bahrain-based GFH Financial Group will be distributing dividends worth $60 million for FY 2021 which includes cash profits for all ordinary shares, save for treasury shares at 4.57% of the nominal value of the share (equal to $0.0231 per share, BD0.004562, AED0.0444), equal to $45 million. The recommendation also includes bonus shares of 1.5% of […]
Bahrain Bourse ‘to list five state companies this year’
The public will be offered shareholding in five government-run companies this year, according to Shaikh Khalifa bin Ebrahim Al Khalifa, the top official of Bahrain Bourse (BHB). Shaikh Khalifa said this during the just concluded Arab Federation of Capital Markets (AFCM) Annual Conference hosted by Bahrain. “The initial public offering strategy focuses on developing the […]
Bahrain’s Batelco approves $132mln dividend for 2021
The 42nd Annual General Meeting (AGM) of Batelco, Bahrain’s leading telecom provider, approved the recommendation of the Board of Directors for a full year cash dividend of BD49.8 million ($132.1 million). The dividend is at a value of 30 fils per share, of which 13.5 fils per share was already paid during the third quarter […]
