DUBAI, UAE: BHM Capital, a leading financial services company in the UAE, has been granted a Listing Advisory License by the Securities and Commodities Authority (SCA), the body in charge of regulating the fund and investment industry in the UAE.
In being licensed as a Listing Advisor, BHM Capital now has approval to provide Issuing Companies with advice and consultation prior to listing, and to ensure issuers meet all the necessary listing requirements. In accordance with the license requirements, the company’s duties as Listing Advisor must take into account the principles of trust, justice, and equality, in addition to other commercial considerations and investors’ interests.
Abdel Hadi Al Sa’di, Chief Executive Officer of BHM Capital, said: “We have worked hard on establishing BHM Capital as a reputable company with an exemplary track record of best practice and governance. Being granted this license by the SCA is another key milestone in our ongoing commitment to the development of local capital markets. It will help us to create investment awareness while enhancing efficiency”.
He added: “We would like to thank the SCA for their continuous efforts and support towards improving the overall legislative and regulatory framework of the financial markets in the country.”
BHM Capital (formerly BH Mubasher) is a leading financial services company which has been providing full-fledged investment services and products in the financial markets in the United Arab Emirates and the region since 2006.