GFH Financial Group B.S.C

GFH Financial Group B.S.C. has announced that it has signed an agreement to sell 134,287,812 of its treasury shares, which represents 3.5% of its total issued shares, to Southern Star Investments W.L.L. This transaction is expected to have a positive impact on the financials and increase the returns for the group. The announcement was made on 31/01/2024 and the company's trading code is GFH.

GFH Financial Group B.S.C. has announced the opening of nominations for the candidacy of 10 board of directors' membership for a three-year term (2024-2027). Further details can be found in the attached announcement.

On January 14, 2024, GFH Financial Group B.S.C. announced the appointment of Mr. Ayman Zaidan as Group Chief Treasury & Financial Institutions. He replaced Mr. Damian Philip White, who resigned due to personal reasons. Mr. Ayman has over 30 years of experience in the banking industry, having previously worked with First Energy Bank, National Bank of Kuwait, and most recently, Qatar First Bank. He holds a Bachelor of Science in Accounting and Business Administration from the University of Jordan.

On December 13, 2023, GFH Financial Group B.S.C. (trading code: GFH) announced the opening of Raffles Hotels & Resort and the launch of a new masterplan for its Areen project. The investment is expected to have a positive impact on the group's financials and increase its returns. Further details can be found in the attached press release. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

The GFH Financial Group B.S.C. has announced a board meeting scheduled for 13th February 2024 at 2 p.m. Kingdom of Bahrain's time. The agenda of the meeting will cover the financial results for the year ended 31st December 2023 and other internal matters. The announcement is signed by Mariam Jowhary, the Head of Compliance & AML.

On 07/12/2023, GFH Financial Group B.S.C. (trading code GFH) announced that its fully owned subsidiary, GFH Partners Ltd., has sold and exited from its first Diversified US Student Housing Portfolio. The financial impact of this transaction is expected to positively influence the Group's financials and increase its returns. For more details, reference is made to the attached release. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

The GFH Financial Group B.S.C. has announced the appointment of Mr. Suryanarayanan Hariharan as the new Group CFO effective from November 30, 2023. The current Group CFO, Mr. Srinivasan Rathinam, will serve as an Advisor to the Group CEO.

The text provides the commercial registration, office address, contact details, and board directors of an Islamic wholesale bank registered with the Central Bank of Bahrain. The bank's registered office is in the Bahrain Financial Harbour, specifically on the 29th floor of Building 1398, East Tower. The board of directors include Ghazi Faisal Ebrahim Alhajeri as Chairman, Edris Mohammed Rafi Alrafi as Vice Chairman, and Hisham Ahmed Alrayes as the CEO. The bank's auditors are KPMG Fakhro. The text also mentions the GFH Financial Group BSC's condensed consolidated interim financial information as of 30 September 2023.