This workshop is part of a series of events aimed at raising awareness among closed joint-stock companies about the advantages and services provided by this market.
During the workshop, the team presented the diverse features of the platform and the services it offers to closed joint-stock companies, including benefits related to shareholder management, transparency in settlement operations, and cash dividend distribution, as well as modern digital solutions such as electronic general assemblies, electronic voting, and stock auctions. A session was also dedicated to answering participants' inquiries and clarifying registration and joining mechanisms.
On this occasion, Chief Operating Officer of Bahrain Clear, Abdullah Abedin, said "Through the Bahrain Private Market platform, we aim to provide a comprehensive package of services tailored for closed joint-stock companies, including shareholder custody and management, transparent settlement operations, cash dividend distribution, along with advanced digital solutions like electronic general assemblies, electronic voting, and stock auctions. We strive to provide effective tools for closed companies to manage their ownership efficiently and effectively."
For his part, Chief Executive Officer of the Bahrain Chamber of Commerce and Industry, Atef Al-Khaja, affirmed that this event aligns with the chamber's efforts to support the private sector and enhance its members' awareness of opportunities and services that contribute to their business development. He noted that the chamber is always keen to build bridges of cooperation with its strategic partners to provide educational and awareness platforms that directly benefit member companies.
It is worth mentioning that Bahrain Clear announced the launch of Bahrain Private Market in August 2022, following which a number of workshops were held to showcase the key features and services that will be offered through the Bahrain Private Market. Bahrain Private Market page can be visited on the Bahrain Bourse website: https://www.bahrainbourse.com/bahrain-private-market.
For more information about Bahrain Private Market, investors can contact Bahrain Clear at phone number: 17108830 or via email: privatemarket@bahrainclear.com.
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