Seef Properties, Bahrain Clear sign share registry agreement

09/01/2018 05:51 AST

Seef Properties, a leading real estate development company in Bahrain, announced that it has signed a share registry agreement with Bahrain Clear at the Bahrain Bourse in Bahrain Financial Harbour.

The agreement was signed by the Seef Properties chief executive officer Ahmed Yusuf and Bahrain Bourse chief executive officer and managing director of Bahrain Clear Shaikh Khalifa bin Ebrahim Al Khalifa, in the presence of officials from both companies.

Bahrain Clear has been assigned as a share registrar of Seef Properties and will act as custodian for all clearing and depository activities, a statement said.

"Bahrain Clear will provide Seef Properties with a variety of services that includes maintaining a record of the share register that holds the shares in electronic form, and updating the data of the registry resulted from dealing on the company's shares in accordance with the rules and regulations of Bahrain Clear and Bahrain Bourse, said Yusuf.

"Additionally, Bahrain Clear will provide Seef Properties with online services that include real-time shareholding confirmations with the percentage of investors' holdings' dealings, investors' account statements, and other periodical reports," he added.

Bahrain Clear is a fully owned subsidiary of Bahrain Bourse established in July 2017, which undertakes a range of activities related to Bahrain Bourse, including custodian activities and provision of all advisory and technical services in the field of depository, clearing and settlement.


Trade Arabia

News

Seef Properties unveils new mixed-use project in Hamala

25/03/2018

Seef Properties, a leading real estate development company in Bahrain, has unveiled plans for 'Liwan', a mixed-use development project estimated to be worth BD50.2 million ($132.7 million).

Trade Arabia

Seef Properties plans new waterfront project in Bahrain

13/03/2018

Seef Properties, a leading integrated real estate company in Bahrain, has announced the establishment of a real estate company in collaboration with strategic partners, to develop a new mixed-use wat

Trade Arabia

Seef Properties reports net profit of BD11.06 Million

22/02/2018

Seef Properties, the leading integrated real estate company in the Kingdom of Bahrain, announced its financial results for the year ended on 31 December 2017 with a net profit totaling BD11.06 Millio

Biz Bahrain

Most Viewed Companies

Ticker Price Volume
NADEC 27.30 1,369,614
ARDCO 29.25 233,374
DU 6.55 441,215
A.OTHAIMMARKET 11.90 545,416
HERFYFOODS 26.10 412,306
MIS 183.20 17,353
LUMI 77.50 102,302

Valuation

SEEF Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
SOKOUK 49.00 -0.20 (-0.41%)
ALDAR 8.10 0.10 (1.25%)
EMAAR 8.73 0.05 (0.57%)
MASAKEN 32.00 -1.50 (-4.48%)
EMAARDEV 8.82 -0.05 (-0.57%)

Recent News

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap