shares

Banks’ share offers: Rule on oversubscription not cast in stone — SEC

Banks’ share offers: Rule on oversubscription not cast in stone — SEC

By Peter Egwuatu THE Securities and Exchange Commission, SEC has said that the 15 per cent rule for absorption of oversubscription of share offers will not be rigidly applied to the share offers of banks under the banking recapitalisation exercise. Dr. Emomotimi Agama, Director General of the Commission stated this at his first post Capital […]
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Accessing the shares of late relatives

Accessing the shares of late relatives

A lot of shareholders passed away without adequately handing over their investment portfolios to any relative. In fact in many instances, relatives of the shareholder may not even be aware of such investment. The worst case is when the late shareholder did not keep records of such investment and the relative only know when they began to receive dividend warrants posted to that late shareholder.

Complaints and investigations: I need update on my late father’s shares

Complaints and investigations: I need update on my late father’s shares

I need update on my late father’s shares

My late father has shares in some companies. Since his death mid last year, we haven’t received any dividend warrant. What do I need to do to get his detailed statement of shareholdings? Do I go to CSCS or the stockbroking firm. What documents do I go with? (Ike Benedict)