BHBNewsLetter JUNE2017

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Issue 13 - SEPTEMBER 2017
BAHRAIN CLEAR BECOMES THE SHARE REGISTRAR FOR BAHRAIN
DUTY FREE’S SHARES
BAHRAIN BOURSE RECEIVES THE KOREAN AMBASSADOR
Bahrain Clear, a fully owned
subsidiary of Bahrain Bourse,
and Bahrain Duty Free signed
on Thursday 27th July 2017
an agreement to assign Bah-
rain Clear as a Share Registrar
for the shares of the company.
The agreement was signed by the
Chief Executive Officer of Bahrain
Shaikh Khalifa bin Ebrahim
Al-Khalifa, CEO of Bahrain Bourse
(BHB) received on Tuesday, 18th
July 2017 H.E. the Ambassador of
the Republic of Korea Mr. Hyun-
mo Koo and Counsellor and Dep-
uty Head of Mission Mr. Youngki
Yun. Areas of joint cooperation
Bourse and Managing Director
of Bahrain Clear, Shaikh Khali-
fa bin Ebrahim Al-Khalifa, and
the General Manager of Bahrain
Duty Free Mr. Bassam Al Wardi.
According to the agreement,
Bahrain Clear will provide Bah-
rain Duty Free with a variety of
services that includes maintain-
ing a record of the share register
that holds the shares in electronic
form, and updating the data of
the registry resulted from deal-
ing on the company’s shares in
accordance with the rules and
regulations of Bahrain Bourse.
In addition, Bahrain Clear will
provide Bahrain Duty Free with
online services that include re-
al-time shareholding confir-
mations with the percentage of
investors’ holdings’ dealings,
investors’ account statements,
and other periodical reports.
between the two parties were dis-
cussed covering economic coop-
eration including capital markets
and areas of potential collaboration
between the Exchanges of both
countries as well as Bahrain Clear.
A presentation was conducted
by the Bourse’s officials on the
investment opportunities avail-
able at BHB, including the latest
products, innovative services, dif-
ferent investment instruments
available at the Bourse, as well as
the launch of the Bahrain Invest-
ment Market and Bahrain Clear.
The presentation was followed
by a visit to the Bourse’s trading
floor, in which H.E. the Ambassa-
dor of the Republic of Korea was
briefed on the operations of the
Bourse in various departments.