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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>
<p><strong>Plus</strong></p>
<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors’ share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies. “Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,” said SEBON. </p>
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
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<p><strong>Plus</strong></p>
<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors’ share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies. “Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,” said SEBON. </p>
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>
<p><strong>Plus</strong></p>
<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors’ share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies. “Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,” said SEBON. </p>
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>
<p>Similarly, the board has suggested of providing one full share for the fractional share earned by investors on the payment of short amount. While some institutions have already had the provision, many of the institutions lack such provision. In the recent days, SEBON has been receiving complaints from general investors about inability to obtain shares from the accumulated fractional shares they own over the period. Addressing the complaints, the board has directed the institutions to provide full shares for the fractional shares with the payment of short amount. By doing this, if the company’s share structure tends to change then the company will have to amend its article of association and regulation and get endorsed by the SEBON and annual general meeting.</p>
<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
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<p><strong>Plus</strong></p>
<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors’ share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies. “Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,” said SEBON. </p>
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September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will ease elder, differently-able and women investors.
The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.
The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.
Similarly, the board has suggested of providing one full share for the fractional share earned by investors on the payment of short amount. While some institutions have already had the provision, many of the institutions lack such provision. In the recent days, SEBON has been receiving complaints from general investors about inability to obtain shares from the accumulated fractional shares they own over the period. Addressing the complaints, the board has directed the institutions to provide full shares for the fractional shares with the payment of short amount. By doing this, if the company’s share structure tends to change then the company will have to amend its article of association and regulation and get endorsed by the SEBON and annual general meeting.
Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.
Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.
Plus
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>
<p><strong>Plus</strong></p>
<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors’ share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies. “Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,” said SEBON. </p>
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
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<p><strong>Plus</strong></p>
<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors’ share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies. “Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,” said SEBON. </p>
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
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<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'summary' => 'September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will eas',
'content' => '<p>September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will ease elder, differently-able and women investors.</p>
<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>
<p>Similarly, the board has suggested of providing one full share for the fractional share earned by investors on the payment of short amount. While some institutions have already had the provision, many of the institutions lack such provision. In the recent days, SEBON has been receiving complaints from general investors about inability to obtain shares from the accumulated fractional shares they own over the period. Addressing the complaints, the board has directed the institutions to provide full shares for the fractional shares with the payment of short amount. By doing this, if the company’s share structure tends to change then the company will have to amend its article of association and regulation and get endorsed by the SEBON and annual general meeting.</p>
<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>
<p><strong>Plus</strong></p>
<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors’ share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies. “Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,” said SEBON. </p>
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<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders’ respective bank accounts.</p>
<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>
<p>Similarly, the board has suggested of providing one full share for the fractional share earned by investors on the payment of short amount. While some institutions have already had the provision, many of the institutions lack such provision. In the recent days, SEBON has been receiving complaints from general investors about inability to obtain shares from the accumulated fractional shares they own over the period. Addressing the complaints, the board has directed the institutions to provide full shares for the fractional shares with the payment of short amount. By doing this, if the company’s share structure tends to change then the company will have to amend its article of association and regulation and get endorsed by the SEBON and annual general meeting.</p>
<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>
<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>
<p><strong>Plus</strong></p>
<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors’ share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies. “Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,” said SEBON. </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
