Sponsors for the event include Lulu Bahrain Hypermarket, Ashraf BGDC
, Bizlink International, Mercure Grand Hotel, Seef, the Palace Bahrain hotel, Golden Tulip Hotel, MUvenpick Hotel Bahrain, McDonald's, Chuckay Restaurant, Kabayan Restaurant, Hotpot Restaurant, Manila CafA, Leny's Boutique, Rabya Trading and Agriculture, Bahrain Precast, Stephen Grant Hair Studio, Forex Cargo, Filex Cargo, Elite Gems Diamonds and Jewellery, The Filipino Channel, Adhari Park, Primera Ystilo, Bahrain Duty Free Equinox and Bahrain Air.
6 million (with a percentage of the proceeds forwarded to Pacific) in an equity private placement of 1,468,000 shares of convertible preferred stock of BGDC (BGDC shares).
Pacific, in return, assigned the license to BGDC, which issued 7.
The BGDC shares are presently convertible into shares of BGDC common stock on a one-for-one basis, subject to adjustment under certain circumstances.