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Bahrain's Ahli United Bank buys shares of TBI

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rocky
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Bahrain's Ahli United Bank buys shares of TBI

Post by rocky on Sun 19 Jun 2016, 7:52 am

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2016/06/18 | 16:40


(Encyclopedia of the Day News | [You must be registered and logged in to see this link.] ) - Economy News special Iraq Stock Exchange confirmed that AUB Bahraini bank bought the shares of Commercial Bank of Iraq. The executive director of the market , Taha Ahmed Abdul Salam said in an interview for the economy News, that based on the approval of the Central Bank of Iraq and the approval of the Securities Commission, began mediator AUB company - broker accredited to the Iraq stock Exchange - the purchase of TBI shares in favor of the shareholder Ahli United Bank of Bahrain. Abdul Salam added that AUB Bahraini bank owns 54.7 percentage of the shares of commercial Bank, noting that The number of shares purchased amounting to 25 billion shares to become the rate after purchase 64.7, explaining that the purchase took effect from 2,552,016 a session for a period not exceeding two months and the number of shares bought during the meetings of the 255 up to 3,152,016 3.273.625.999 shares representing 13.09 percentage of total shares required to be purchased adult 25 billion shares. AJ

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weslin3
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Re: Bahrain's Ahli United Bank buys shares of TBI

Post by weslin3 on Sun 19 Jun 2016, 8:39 am

hum Very interesting... Why would the country Bahrain, want to buy shares of TBI,, unless they think they will be worth something here soon?
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duck2000
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Re: Bahrain's Ahli United Bank buys shares of TBI

Post by duck2000 on Sun 19 Jun 2016, 1:52 pm

well tons of spare cash and just thought .. what da heck at .00085 I could make a fil one day ! lol
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Screwball
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Re: Bahrain's Ahli United Bank buys shares of TBI

Post by Screwball on Sun 19 Jun 2016, 5:32 pm

[You must be registered and logged in to see this link.] wrote:hum Very interesting... Why would the country Bahrain, want to buy shares of TBI,, unless they think they will be worth something here soon?
They also own shares in commercial bank of Iraq! Which I am a shareholder.

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Re: Bahrain's Ahli United Bank buys shares of TBI

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