BHM CAPITAL APPOINTED LIQUIDITY PROVIDER FOR GULF NAVIGATION HOLDING PJSC ON DUBAI FINANCIAL MARKET
Dubai, UAE, 21 July 2022: BHM Capital Financial Services PSC one of the leading companies in the UAE financial markets, has been appointed as a Liquidity Provider for Gulf Navigation.
According to the agreement, BHM Capital will provide liquidity for Gulf Navigation’s securities listed on the Dubai Financial Market “DFM” as the regulated market by entering two-way daily quotes into the Market trading system.
While announcing the agreement, Abdel Hadi Al Sadi, CEO of BHM Capital, thanked the management of Gulf Navigation Company for their confidence in BHM Capital’s ability to be the Gulf Navigation’s provider of liquidity, giving investors in the region a greater ability to diversify their investment portfolios.
Adding, “This is a great opportunity to provide liquidity services to yet another highly regarded company, Gulf Navigation. The Dubai Financial Market has witnessed surging interest by investors in the recent past and we are quite confident that we will ease the trading in the Gulf Navigation shares on the bourse. ”
Mr. Ahmad Kilani, Managing Director and Board Member of Gulf Navigation expressed that the partnership would bring great value to the shareholders by way of providing liquidity to the Company’s share. “We are quite confident in the capacity of BHM Capital and the value they will bring to the table in the trading of Gulf Navigation shares on the Dubai Financial Market.”
Gulf Navigation Holding PJSC (GNH) is a fully integrated and synergized organization and a one-stop shop with a multi-functional business providing high quality services through its subsidiaries. It is the only shipping company listed in the Dubai Financial Market (DFM) since February 2007 under the symbol “GULFNAV”.
The company is headquartered in Dubai, with own branch offices/warehouses inside port of Fujairah, Khorfakkan and overseas office in the Kingdom of Saudi Arabia. GNH owns and operates a fleet of Chemical Tankers, Livestock transport vessels, Offshore support Vessels, Marine services and Ship repair operations. The company also provides innovative and comprehensive marine solutions and services.
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