FSDH well-done -> FSDH in possession of certificates & return monies for offer

[omoregie]

Please be adviced that we are in receipt of Return Money Cheques and share certificates for the just concluded Public Offers and or Right Issue from the following companies:


I am quite impressed with this development by FSDH. This announcement will ease the problems and tension investors go through in having relevant information on the issues of certificates & return monies for offer.

Click the link below for the full announcement

Proshare News

Other stockbrokers should be learn and follow this good act of FSDH

[Murphy]

Originally Posted by omoregie

Please be adviced that we are in receipt of Return Money Cheques and share certificates for the just concluded Public Offers and or Right Issue from the following companies:


I am quite impressed with this development by FSDH. This announcement will ease the problems and tension investors go through in having relevant information on the issues of certificates & return monies for offer.

Click the link below for the full announcement

Proshare News

Other stockbrokers should be learn and follow this good act of FSDH

This publication is commendable! Many stockbroking firms should tow this path. I know that investors who have been following their subscription well should have collected their certs and returned monies before now but there must be numerous still not aware of the position of their subscription.
The most important thing I want SEC, various issuing houses and registrars to see out of this is that " it is far better to give return money and certificates to stockbrokers of the investors than to put it in post if they are not issuing e-allotment" This should give investors more confidence in the system than stipulating postage in the prospectus. It is well known that Nigerian postal system is in shambles and these houses will not use reputable courier companies to deliver valuable documents to investors.