Wednesday, 3 February 2010

Gulf Finance House - Only US$100 Million to be Deferred

GFH formally announced today on the Bahrain Stock Exchange that it was only requesting the deferral of US$100 million for six months not US$200 million as I reported earlier. 

My earlier post which incorrectly stated the amount as US$200 million has been amended. 

Since the GDN press item was correct, there isn't anything by way of excuse that can be said for my error.  Except an apology.  Sloppy,  poor work can never be justified.

The BSE resumed trading in GFH's shares after this announcement.

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