Thursday 29, October 2009 by

GFH rights issue passes $200 million

Gulf Finance House (GFH), the leading Middle Eastern Islamic investment bank has announced that receipts from its rights issue have now passed the $200 million mark. The news comes just days after the bank confirmed it had received approximately $150 million from the capital raising exercise and means GFH have now met their stated target of between $200 and $300 million in fresh capital from the rights issue, two days before its close on Thursday 29th October.

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