BHM Capital Boosts Parkin's Liquidity on DFM

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BHM Capital has been appointed as the liquidity provider for Parkin shares on the Dubai Financial Market.

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Summary

BHM Capital Financial Services has been appointed as the liquidity provider for Parkin shares on the Dubai Financial Market, enhancing trading activity and shareholder value.

BHM Capital Financial Services has taken a significant step in strengthening its position as a leading financial institution in the UAE by being appointed as the liquidity provider for Parkin shares on the Dubai Financial Market (DFM). This collaboration underscores BHM Capital's commitment to enhancing market liquidity and supporting leading issuers in the region.

Liquidity providers play a crucial role in financial markets by ensuring that there is enough trading activity to allow investors to buy or sell shares with ease. By entering two-way daily quotes into the market trading system, BHM Capital aims to support Parkin in delivering long-term value to its shareholders. This initiative aligns with BHM Capital's strategic objectives of fostering a more efficient and transparent trading environment.

Abdel Hadi Al Sa’di, CEO of BHM Capital, expressed enthusiasm about the partnership, highlighting the company's dedication to supporting market liquidity and enhancing trading activity. Mohamed Al Ali, CEO of Parkin, emphasized the importance of liquidity in unlocking shareholder value and expressed confidence in BHM Capital's expertise to create a more attractive investment proposition.

This appointment is not just a win for Parkin and BHM Capital but also a positive development for the Dubai Financial Market. By combining Parkin's strong market position with BHM Capital's expertise in liquidity provision, the initiative is expected to enhance investor participation, reinforce confidence in Dubai's capital markets, and contribute to the sustainable growth of the UAE's financial sector.

Investors should consider the potential benefits of this collaboration. The enhanced liquidity could lead to more stable and attractive trading conditions for Parkin shares, making them a potentially lucrative investment. However, as with any investment, it is crucial to consider market conditions and individual financial goals before making decisions.

Given the positive outlook on increased trading activity and shareholder value, current and potential investors might consider holding their positions in Parkin shares to benefit from the anticipated market improvements.

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Source

Press release

Summary

BHM Capital has been appointed as the liquidity provider for Parkin’ shares on the Dubai Financial Market (DFM). Under this agreement, BHM Capital will enhance liquidity by providing two-way daily quotes in compliance with DFM and UAE regulations. Abdel Hadi Al Sa’di, CEO of BHM Capital, expressed satisfaction with the appointment, highlighting their commitment to market liquidity and shareholder value. Mohamed Al Ali, CEO of Parkin, emphasized the importance of liquidity in enhancing shareholder value and noted BHM Capital’s expertise in the UAE capital markets. This partnership aims to improve trading activity, investor participation, and confidence in Dubai’s capital markets, contributing to the growth of the UAE's financial sector. BHM Capital is a leading financial institution in the UAE, recognized for its services to individual and corporate investors and its pioneering role in financial technology.

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