AIMS Mgt should return my money

I was approached by a staff of AIMS ASSET MANAGEMENT LTD in 2008 in which the capital and gains ought to mature in five years. Up till now l am yet to hear from them and all effort to reach them for my money proved abortive. I invested N200, 000.00

( J. Igbadia, Benin, Edo state).

Investors Forum

How did you make the investment? Did you pay into the company’s account and receipt was issued to you, or you gave the staff cash with little or no evidence of the payment? If you gave cash to the staff and there is documentary evidence from the company confirming the investment, it maybe that the staff bolted away with the cash. In any case, you can contact the  head office of the company at 23, Ajao Road, Off Adeniyi Jones, Ikeja, or 01- 2120049, 2120051, 2347029523916, 8095988382. They should confirm the validity of your investment.

Should I take Daar

Communications to Court?

Good day sir, please help me. I bought Daar Communications shares in 2003 through my bank. I have my certificates but to my surprise, I have never received N1.00 or invited for any shareholders meeting. I went to the registrars being First Registrar to sell the shares, but  they refused that I should buy more. Please what do I do to get my little money since shares is not for poor man.? I am thinking of taking Daar Communications to court. (Odum Okwudili)

Investors Forum

Daar Communications is yet to declare dividend or hold AGM since its public offer. It might be waste of time and resources to take the company to court. We advise that you exercise further patient like other shareholders of the company

How do I merge my shares?

While going through my stock file, I discovered I had two or three certificates of the same stock, though some are ‘Bonus’ certificates but for that of FBN.

I had purchased 500 units through BSD Securities Ltd on 7th July, 2004  and another 500 units through Consolidated Investment Ltd in 2005, before buying from the IPO. My challenge is how to have all of them merged?   (Erusiafe John)

Investors Forum

Inform your stockbroker that you want to merge the account; they will handle it for you

No dividend from

Finbank, Starcomms

I bought shares of Finbank and Starcomms from secondary market since 2008, till now no dividend, no bonus and I can’t see them in the daily stock list. Please advise me on what to do.  (Celestine from Apapa)

Investors Forum

Finbank was acquired by FCMB in 2011. For update on you investment in the bank, contact City Securities located in Primrose Tower, 2nd Floor, 17A Tinubu Street, Lagos. Tel: 234-1-2641298, 234-1-7924462. For your investment in Starcomms contact Akeem Shadare,

Securities Trading Group Chapel Hill Denham Management Limited 20th Floor, NECOM House 15 Marina Lagos: Tel: +234 1 2799563-4; +234 1 4610691-2.

Complaint against Riverside

Trust stockbrokers

In 2005, I authourised a stockbroker, Riverside Trust, to sell my Nestle Plc shares but I was never paid. I have confirmed the sale of the shares from CSCS. What should I do to recover my money?  (Adeyinka Abiodun Adewale)

Investors Forum

Riverside is one of the 39 companies delisted by the NSE early this year. We advise that you send a formal letter of complaint to the NSE and SEC. Given that the transaction took place about eight years ago, and the company has been delisted it might be difficult to recover your money.

No certificate or dividend from Finbank

I bought 10,000 units of Finbank shares in 2008 for N95, 000. I have not receive my certificate or dividend ever since. Please what should l do?  (Iyobhebhe Solomon Okoduwa)

Investors Forum

It is possible that the certificate was posted to the wrong address. You need to first confirm that you have shares in the first place. Contact the registrar of FCMB, the bank that acquired Finbank. The registrar is City Securities located in  Primrose Tower, 2nd Floor, 17A Tinubu Street, Lagos. Tel: 234-1-2641298, 234-1-7924462.