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GFH Bank Unit's Purchase of Seef Properties Stake Gets Shareholders' Nod

MT Newswires·10/19/2026 23:52:36
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11:52 PM EDT, 10/19/2026 (MT Newswires) -- GFH Bank (ADX:GFH, DFM:GFH) said that the majority of Seef Properties' shareholders approved the purchase of 95,088,461 shares, representing 20.67% of its share capital, by Seef Equity Growth Investment. The deal will take Seef Equity Growth Investment's total ownership in the company to 50.07% after completion, according to a Monday release. Seef Equity Growth Investment is a company established by GFH Bank's unit, GFH Partners Fund Management.