18.10.2010 - GFH planning to raise $500mln in fresh funds
From Gulf-daily-news.com: Bahrain-based Gulf Finance House (GFH) plans to reduce its capital and raise up to $500 million in fresh funds to plug the holes a regional property crunch cut into its balance sheet, it said yesterday. The Islamic investment house said in August it would hold a shareholder's meeting in October to approve plans to raise up to $300m through a murabaha, an Islamic equity-linked money market instrument..............................................Full Article: Source
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