Abu Dhabi: Goldilocks Investment Company Limited recently announced acquisition of a 4.99 percent stake in GFH Financial Group. The company revealed that it will support Bahraini Islamic investment bank’s long term growth and will request board representation.
Goldilocks is an investment fund with a mandate to invest in listed equities by taking a constructive activist role to unlock value. The company was launched in 2015 and since then has grown exponentially.
In the statement made by the company it revealed that it is supported by other GFH shareholders, Integrated Capital and Abu Dhabi Financial Group (ADFG). All these shareholders along with Goldilocks hold about 15% of GFH’s total shares.
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