Qatar Central Securities Depository Provides
New Services for QAMCO Listing
November 26, 2018
Qatar Central Securities Depository (QCSD)
has announced that it has provided a number of electronic
services as part of the ongoing preparations to list Qatar
Aluminum Manufacturing Company (QAMCO). The aim is to allow the
shareholders to inquire about the shares allocated to them,
thereby saving time and energy.
The company said that it will provide
electronic screens at the offices of financial services
companies (brokerages) to inquire about the shareholders’
numbers (NIN) and shares allocated to them in the QAMCO offer,
using their ID card numbers. The allocated shares will be
available in the shareholders’ statement once they are listed.
The electronic statement can be printed through the company’s
electronic services portal and the shareholder can obtain a
daily, weekly or monthly statement.
The company said that if a shareholder does
not have a registered NIN number, a new shareholder’s number
will be defined based on the information in the IPO application,
and an SMS message will be sent to the shareholder. SMS messages
will be sent to each shareholder whose shares are listed in
QAMCO’s systems, as well as to update shareholders’ data by
adding the IBAN according to the data in the QAMCO shareholder
register.
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