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22/06/2017 01:17 AST
Gulf Finance House (GFH) said Integrated Capital (IC), owned by Abu Dhabi Financial Group has transferred GFH's shares to Ajman Bank.
IC transferred 21 million shares to the bank, and will transfer another tranche of 19.7 million shares by next week.
As per their confirmation, IC will remain to be the beneficial owner of these shares and IC's total direct and indirect shareholding in GFH will remain at 13.383 per cent, the GFH said in a bourse statement.
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