The General Trading & Food Processing Co B.S.C (“TRAFCO”), the Bahrain based regional food retail, wholesale and distribution business, today announced that its recent Rights Issue to raise BD3.7 million was oversubscribed by 22 percent. 13,445,842 shares were offered in the Rights Issue, with investors subscribing for a total of 16,388,028 shares. Securities & Investment Company, also known as SICO Investment Bank, is acting as an Issue Manager to TRAFCO’s Rights Offering.

The full press release in English & Arabic can be downloaded here .