With Eid on the horizon, its a perfect time to visit friends and family, and it would seem Bahrain's GFH agrees. The investment group has announced its plans to cross-list its shares on the Abu Dhabi Securities Exchange (ADX) in May, making it the company's fourth regional listing after Bahrain, Dubai, and Kuwait bourses. The upcoming planned listing is subject to regulatory approvals.
The move is expected to further enhance liquidity in GFH’s shares, benefiting shareholders, and enable the Group to gain access to a broader base of retail and institutional investors that trade on the exchange. Current shareholders of the Group will be able to transfer shares from existing markets where they hold shares to ADX. Earlier this month, GFH also received approval from its shareholders to cross-list its shares on the Saudi stock exchange, Tadawul.
GFH has an investment portfolio that spans the Middle East, the US, UK, and Asia in a number of sectors, including health care, education, and logistics.