14.07.2010 - Bahrain Islamic in rights issue at 100 fils per share
From Arabianbusiness.com: Lossmaking Bahrain Islamic Bank plans a rights issue at 100 fils per share, 37 percent below Monday's closing price, making it the first of Bahrain's main retail banks to raise new equity capital since the financial crisis. Bahrain Islamic's shares, which rarely trade on Bahrain's stock exchange last closed at 159 fils. The local retail lender, in which the Kuwait government holds a controlling stake, has a market capitalisation of about $307 million..............................................Full Article: Source
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