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Sharjah Group appoints BHM Capital as liquidity provider

Sharjah Group appoints BHM Capital as liquidity provider
The liquidity provider will not hold over 5% of the company's share capital
Aram Group
SG
-1.38% 2.86 -0.04
BHM Capital
BHMCAPITAL
0.00% 3.09 0.00

Abu Dhabi – Mubasher: Sharjah Group has inked an agreement with BHM Capital Financial Services to act as a liquidity provider for its traded shares on the Abu Dhabi Securities Exchange (ADX).

Under the agreement, the liquidity provider will not hold more than 5% of the company's share capital, according to a bourse filing on Monday.

It is noteworthy to mention that during the first half (H1) of 2021, the net profits of BHM Capital increased to AED 5.115 million, compared to AED 1.695 million in the same period of 2020.