UAE, Dubai, February 13th , 2023:
BHM Capital Financial Services PSC, one of the leading companies in the UAE’s financial markets, has been granted the license to become a Financial Advisor (Issuance Manager) from the Securities & Commodities Authority (SCA).
Upon obtaining this license, BHM Capital will be able to provide financial consultation to issuing companies, manage the offering process on their behalf, act as the primary communication link between the issuer, SCA and the financial market, ensure that the issuer fulfills all the requirements for offering shares, provide an electronic & printed subscription prospectus that includes all the necessary information for investors and cover the remaining securities that have not been subscribed for.
Abdel Hadi Al Sadi, CEO of BHM Capital, expressed his sincere gratitude to Dr. Maryam Al Suwaidi, the Chief Executive Officer of the Securities & Commodities Authority (SCA), and its hardworking team for their efforts in developing a conducive environment for businesses to grow in the UAE, by facilitating the procedures which enabled us to obtain this license in a record time.
Adding, “Obtaining this license marks a major milestone for BHM Capital and it’s a testament for our contribution in developing local markets by being able to expand our service offerings to cater for the growing local markets.”