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Kuwait Finance House lists shares on Bahrain Bourse, begins trading tomorrow

Bank lately acquired 97% of Bahrain's Ahli United Bank shares
Kuwait Finance House lists shares on Bahrain Bourse, begins trading tomorrow
Kuwait Finance House (Image credit: KFH)

Kuwait Finance House (KFH) announced that its shares will begin trading on the Bahrain Stock Exchange tomorrow, Thursday.

The bank said in a statement to the Kuwait Stock Exchange (KSE) that share trading will begin at 9:30 a.m. local time in Bahrain.

KFH recently announced the acquisition of more than 97 percent of Bahrain’s Ahli United Bank shares.

In addition, the bank said in a statement to the KSE that it exercised its right to compulsory acquisition of shares from shareholders who did not submit acceptance forms in accordance with the conditions specified in the offer document.

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