Seef Properties BSC (BAX:SEEF) agreed to acquire 50% stake in Muharraq Mall W.L.L from Muharraq Mall Company for BHD 5.3 million on May 3, 2012. Seef Properties will be responsible for the leasing and management of the mall. The mall will be renamed as Muharraq Community Mall. Seef Properties BSC (BAX:SEEF) completed the acquisition of 50% stake in Muharraq Mall W.L.L from Muharraq Mall Company on May 6, 2012.