Bahrain Family Leisure Company appoints Mohamed Nedham Khonji as chairman
Bahrain Family Leisure Company has appointed investment executive Mohamed Nedham Khonji as chairman following the completion of its reverse merger with Truffle Hospitality Holding, marking a new chapter for one of the kingdom's largest listed hospitality and entertainment groups.
MANAMA – Bahrain Family Leisure Company (BFLC) has appointed Mohamed Nedham Khonji as chairman following the completion of its share swap reverse merger with Truffle Hospitality Holding, positioning the company for its next phase of expansion across Bahrain and the Gulf region.
The appointment follows the merger between BFLC and Truffle Hospitality Holding, the hospitality and entertainment subsidiary of Dividend Gate Capital (DGC), which has become the company's majority shareholder. The newly constituted board has been appointed for a three year term under Bahrain's Commercial Companies Law.
Joining Khonji on the board are Vice Chairman Mahmood Mohammed Ali, Non Executive Directors Khaled Mohamed AlHammadi, Wissam Hussein and Faisal Hassan AlJalahma, together with Independent Directors Farooq Mohamed AlKhaja and Ayman Moussa Gadallah.
Khonji, who is also the founder and managing director of Dividend Gate Capital, said the new board would focus on strengthening corporate governance while delivering sustainable long term value for shareholders.
"The appointment of the new Board marks an important milestone for BFLC as we begin the next phase of our journey following the merger with Truffle," he said.
"We are focused on strengthening the Company's governance framework and creating sustainable long term value for our shareholders. We look forward to working closely with management to build on the strong foundation that has already been established."
The company said the new board will oversee the continued growth of BFLC, supporting the expansion of its hospitality and entertainment operations throughout Bahrain and the wider Gulf Cooperation Council region.
BFLC has evolved into one of Bahrain's largest listed hospitality groups, operating a portfolio of more than 20 food and beverage brands across fast casual dining, upper casual restaurants, café concepts and central kitchen operations.
The group's operations are supported by SoleCorp, its centralised operating platform, which manages finance, human resources, procurement and logistics to improve efficiency and support future growth.
The board also acknowledged the contributions of its outgoing directors, thanking them for their service and leadership during their tenure as the company completed one of the most significant corporate restructurings in Bahrain's hospitality sector.
