BHM Capital Clarifies Gulf Navigation Shareholding
BHM Capital issues a clarification on its shareholding in Gulf Navigation amid recent changes.
Summary
BHM Capital clarifies its position on Gulf Navigation shares, emphasizing client asset management.
In a recent disclosure, BHM Capital Financial Services PSC has issued a clarification regarding its shareholding in Gulf Navigation Holding PJSC. This announcement comes amidst changes in the shareholding structure of Gulf Navigation, a significant player in the maritime industry.
The clarification, submitted through the EFSAH electronic disclosure system, emphasizes the principles of transparency and disclosure. BHM Capital asserts that the recent changes in Gulf Navigation shares, registered under BHM's name, are owned by its clients through their asset management accounts. This means that BHM Capital does not hold any proprietary ownership in Gulf Navigation.
This clarification is crucial for stakeholders and investors who might have been concerned about BHM Capital's direct involvement in Gulf Navigation. By clarifying that the shares are part of client asset management, BHM Capital maintains its commitment to transparency and client trust, which are core to its operations.
BHM Capital, established in 2006 and listed on the Dubai Financial Market, has been a leader in financial services and investment instruments. Its operations span across major markets, including the UAE, KSA, USA, and UK, providing a wide range of services such as prime brokerage and investment management.
This move to clarify its position aligns with BHM Capital's strategic focus on client care and integrity. It also underscores the company's robust asset management services, which are critical to its business model.
Given this context, investors should consider holding their positions. The clarification indicates stability and reinforces BHM Capital's reputation as a transparent and client-focused firm. This strategic positioning could lead to positive future prospects for the company, especially as it continues to expand its services across international markets.
Source
Summary
On October 6, 2025, a clarification was issued by BHM Capital regarding a recent change in its shareholding in Gulf Navigation Holding PJSC. The change in shares registered under BHM Capital's name pertains to shares held by its clients in their asset management accounts and does not indicate any proprietary ownership by BHM Capital in Gulf Navigation. This statement was made in accordance with principles of disclosure and transparency, following a recent disclosure by Gulf Navigation. The communication was submitted through the EFSAH electronic disclosure system and was signed by Abdel Hadi Al Sadi, the CEO.
