BHM Capital Financial Services PSC

BHM Capital Financial Services PSC

BHMCAPITAL

1 week

-0.11 %

1 month

-0.16 %

3 months

-0.40 %

OverviewInsightsDisclosures

BHM Capital Financial Services PSC

Logotype for BHM Capital Financial Services PSC
Ticker/ISIN
BHMCAPITAL
AEA006001019
Market/Country
Dubai Financial Market
United Arab Emirates

About BHM Capital Financial Services PSC

Country of Origin: United Arab Emirates (U.A.E)

BHM Capital Financial Services, previously known as BH Mubasher Financial Services, is a private joint stock company listed in Dubai Financial Market (DFM) and regulated by the UAE Securities and Commodities Authority.

Since its inception in 2006 it has been one of the top ranked firms in the country’s financial markets and a pioneer in financial technology making it a regional leader in providing essential tools for corporate and individual investors.

With a business driven by a commitment to integrity, innovation and client care we offer clients access to capital markets in UAE, KSA, USA, UK and other regional and international markets as well as a wide range of financial services and investment instruments including prime brokerage, investment management, market making, liquidity providing, corporate advisory and research.

The head office is located in Vision Tower, Dubai Business Bay, and has branches in Abu Dhabi, Sharjah, RAK, Al Ain and inside Dubai Financial Market (DFM) in Dubai.

Latest Pressrelease Summaries from BHM Capital Financial Services PSC

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, held an online General Assembly meeting on Tuesday, December 31, 2024, from 11:00 AM to 12:00 PM. The meeting, chaired by Mr. Alhur Mohammed Hamad Alsuwaidi, had an attendance quorum of 84.93%, with 6.84% attending personally and 78.08% by proxy, all through electronic voting. The assembly approved the resignation and discharge of the Board of Directors from liability, passed a special resolution to amend the company's Articles of Association to increase the number of board members from five to seven, and elected new board members to complete the term of the resigned board.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in the UAE, has announced the end of the nomination period for its Board of Directors as of December 27, 2024. The company has submitted the list of nominees through the EFSAH System to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The nominees who have met the requirements for board membership are: Shaikh Dr. Ammar Nasser Ahmad Nasser Almualla, Dr. Abdulrahman Mahmoud Abdulrahman Mohammed Al Afeefi, and Mr. Abdulrahman Marwan Ahmad Majid Al Ghurair. All nominees are independent, non-executive members from the UAE.
BHM Capital Financial Services P.S.C has announced the opening of nominations for its Board of Directors. Shareholders can submit their nominations from 8:00 AM on Friday, December 13, 2024, until 4:30 PM on Friday, December 27, 2024. Eligible individuals may apply by submitting their applications to the company's management at its head office on the 49th floor of Vision Tower in Dubai.
The Board of Directors of BHM Capital Financial Services P.S.C invites the company's shareholders to attend the General Assembly Meeting. The meeting will be held remotely on Tuesday, December 31, 2024, at 11:00 AM. If the quorum is not met, the meeting will be rescheduled for January 7, 2025, at the same time. The agenda for the meeting will be reviewed and discussed.
BHM Capital has achieved the largest share of new investor accounts on the Dubai Financial Market, adding nearly 37,000 accounts as of November 30, 2024. This accomplishment reflects strong investor interest in new market listings. BHM Capital also ranked second among brokerage firms by trading volume, holding a 12.78% market share with a trading value of AED 23.6 billion. CEO Abdel Hadi Al Sa’di highlighted the company's success in providing advanced trading services and technologies, which has enhanced market appeal and attracted diverse investors. The company aims to build on this success in the coming year.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, submitted a letter to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, through the EFSAH System on November 22, 2024. The letter outlines resolutions approved by the company's Board of Directors by circulation on the same date. The resolutions include: 1) Board members decided to resign due to a change in company ownership and upcoming phase requirements, effective after the next General Assembly meeting and the election of a new Board. 2) The nomination process for new Board members will be opened. 3) A recommendation for the General Assembly to appoint a new auditor and set their fees. 4) An invitation to convene the General Assembly to approve these matters. The letter is signed by Abdel Hadi Al Sadi, CEO of BHM Capital.
BHM Capital has been appointed as the liquidity provider for Lulu Retail Holding's shares, which are listed on the Abu Dhabi Securities Exchange. This appointment aims to enhance the efficiency and attractiveness of the UAE's capital markets. Lulu Retail Holding recently increased its initial public offering to 30% of its shares, with the IPO being oversubscribed more than 25 times, reflecting strong investor confidence. Abdel Hadi Al Sa’di, CEO of BHM Capital, highlighted the growing demand for liquidity services in the UAE's local capital markets, which help maintain stock liquidity and provide value to investors. BHM Capital is committed to supporting the stability and growth of the UAE financial sector, benefiting companies, investors, and the community. The company aims to boost market efficiency and investor confidence by providing liquidity services to companies listed on UAE exchanges. BHM Capital is a leading financial institution in the UAE, known for its pioneering role in financial technology.
BHM Capital, a leading financial institution in the UAE capital markets, reported a 6% increase in net profits for the first nine months of 2024, totaling AED 24.81 million compared to AED 23.47 million in the same period of 2023. The company's total assets grew by 17.4% to AED 1.4 billion, and total income increased by 22.57% to AED 117.9 million. The number of new client accounts rose by 334.52%, reaching 22,295. CEO Abdel Hadi Al Sa’di attributed these results to the UAE's supportive investment environment and the company's strategy of revenue diversification and investment in innovative solutions. Despite global challenges, BHM Capital's strategy has been successful. The company was also recognized as the "Best Equity Broker in Dubai" at the 2024 Annual Conference of the Arab Federation of Capital Markets.

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DFM News

DFM News

News Update From BHM Capital Financial Services PSC

Disclosure: Board of Directors Meeting

BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA with registration No: 604097, is holding a board of directors meeting on Friday 20 October 2023 at 10:30 AM. The agenda for the meeting includes reviewing and approving Q3 Financial Statements of the year 2023 and discussing operational matters. The notice was released by the board secretary, Ma’an Albostami, on Monday 16 October 2023. The company is based in Dubai, UAE.

1. Attached Document

DFM News

DFM News

News Update From BHM Capital Financial Services PSC

Disclosure: Disclosure Regarding the Recent Trading in the Shares of BHM Capital Financial Services PSC

The CEO of BHM Capital Financial Services PSC, Abdel Hadi Al Sa’di, responded to an inquiry from the Dubai Financial Market about the recent increase in trading of the company's shares. He confirmed that there is no undisclosed operational or technical information or news related to the company's operations that could justify the increase in share trading.

1. Attached Document

DFM News

DFM News

News Update From BHM Capital Financial Services PSC

Disclosure: BHM Capital Financial Services PSC Major Shareholders Transition

EIH Financial Services LLC has informed the Dubai Financial Market (DFM) that it owns 66.97% of BHM Capital Financial Services PSC's total shares, which amounts to 116,146,786 shares. These shares are held through EIH's personal trading account with DFM. The disclosure is in line with the Authority Board of Director's decision number (3) of 2000 regarding disclosure and transparency regulations, as well as DFM Board of Directors' decisions. A copy of the disclosure was also sent to the Securities and Commodities Authority.

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DFM News

DFM News

News Update From BHM Capital Financial Services PSC

Disclosure: Appointment of BOD member

1. Attached Document

DFM News

DFM News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

1. Attached Document

DFM News

DFM News

News Update From BHM Capital Financial Services PSC

Disclosure: Resignation of BOD member

1. Attached Document

ConsumerNinja

ConsumerNinja

Commented on ConsumerPrincesss Transaction regarding BHM Capital Financial Services PSC

Interesting move, ConsumerLord. BHM Capital's position in the PrJSC sector could offer potential growth. Curious about your strategy given the 0% yield last month.
QueenOfCommunication

QueenOfCommunication

Commented on ConsumerPrincesss Transaction regarding BHM Capital Financial Services PSC

Nice move @ConsumerLord! BHM Capital seems promising. Curious to know your strategy behind investing in PrJSC and Consumer Discretionary sectors. Keep it up!
DFM News

DFM News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

1. Attached Document

DFM News

DFM News

News Update From BHM Capital Financial Services PSC

Disclosure: Resignation and appointment of Board member

1. Attached Document

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