25.11.2010 - GFH wins investors' nod to raise $500mln
From Tradearabia.com: Bahrain-based Gulf Finance House (GFH) has won approval from its shareholders to raise funds up to $500 million through a convertible murabaha to boost its capital base and fund growth strategy. Announcing the investors' backing for its future plans, Esam Yousif Janahi, executive chairman of GFH, said the investors had also given the go-ahead for the acquisition of another 10 per cent stake in Khaleeji Commercial bank..............................................Full Article: Source
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