PRESS RELEASE: BY BHM CAPITAL ON OCT 30, 2023
BHM Capital Appointed as Liquidity Provider for Waha Capital PJSC
Dubai, United Arab Emirates, October 30th, 2023 – BHM Capital, a prominent player in the United Arab Emirates capital markets, has been selected as the Liquidity Provider for Waha Capital PJSC (ADX:WAHA), an esteemed investment management firm listed on the Abu Dhabi Securities Exchange (ADX).
Under the terms of the agreement, BHM Capital will play a pivotal role in ensuring liquidity for Waha Capital’s shares by actively engaging in market trading activities, in full compliance with the regulatory frameworks established by the Abu Dhabi Securities Exchange (ADX) and the UAE Securities and Commodities Authority (SCA).
Abdel Hadi Al Sadi, CEO of BHM Capital, expressed his gratitude to Mohamed Hussain Al Nowais, Managing Director of Waha Capital, and the board of directors for bestowing upon BHM Capital the responsibility of serving as Liquidity Provider. He underscored that this appointment signifies not only an enhancement of investor opportunities within the region but also facilitates diversification of investment portfolios.
Al Sadi further remarked, “This represents a significant milestone for BHM Capital as we embark on the journey of providing liquidity services to yet another esteemed entity like Waha Capital. With the Abu Dhabi Securities Exchange (ADX) witnessing increased investor interest, we are confident in our ability to facilitate seamless trading experiences for Waha Capital’s shares on the bourse.”
