UAE-based capital market firm BHM Capital said it has been appointed as the liquidity provider for Drake & Scull International PJSC shares on the Dubai Financial Market (DFM).
According to the agreement, BHM Capital will provide liquidity for the global company’s shares on DFM by entering two-way daily quotes into the market trading system in compliance with the regulations set by the Dubai Financial Market (DFM) and the UAE Securities and Commodities Authority (SCA).
Abdel Hadi Al Sa’di, CEO of BHM Capital, said the initiative will contribute to the stability of Drake & Scull International PJSC share price fluctuations, and offer investors the chance to broaden their investment portfolios, while taking advantage of market possibilities.
“Furthermore, we are committed to streamlining the trading process for shares of Drake & Scull International PJSC, guaranteeing a smooth transaction process for all investors, whether they are individuals or institutions,” he said.
Al Sa’di also thanked the board of directors of Drake & Scull International for choosing BHM Capital as a liquidity provider for the stock, which will contribute to providing liquidity after it is returned to trading following the completion of the restructuring process.
Follow us on
