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Bahrain Financing acquires 92% stake in Malaysian firm
- Bahrain: Tuesday, May 07 - 2013 at 05:19
BFC Group Holdings, the holding company of Bahrain Financing Co (BFC) has said it has acquired a 92% stake in Malaysia-based money remittance firm, Ghorka Remit International, Gulf Daily News has reported. Established in 2006, Ghorka has branches in Kuala Lumpur, Sungai Petani and Muar (Johor) offering remittance solutions to expatriates and locals in Malaysia. The company plans to open up to 50 branches across Malaysia over the next five years.
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