Since 1998 I have IPO stocks of 5 diff co. 4 Banks 1 Energy.
Stocks were purchased on overseas resident Pakistan qouta.
Queastions
1 - First year of dividend chqs were recieved at the designated address-Karachi, and now I don’t have any link with this address. How do I claim back dividend (if issued) or any other corrisponding mail) from the issue office?
2 - What can I do to sell these stocks sitting in Toronto?
Please help if any one can provide with detailed information .
u should have informed em b4 changing the address.
and if i were u, i would contact kalali and kania (something like that) toronto office for their advice. and m sure u bought the stocks through a broker, y dont u contact him agian to sell em and solving the address issue, thats wat they get paid for.
and banks and energy eh, must have made loads of money during musharaf days
to claim back dividends, write to the company to see if they paid any dividend or bonus shares over these years. If yes, and you havent received them, then ask them to reissue it. They will check their records to confirm if the dividend checks havent already been cashed. If not, they will issue replacement checks to the same address as before. If u want them at a different address, send them an affidavit telling them to change your address.
Its a tedious task, so best to have someone in pakistan do it for you.
u should have informed em b4 changing the address.
and if i were u, i would contact kalali and kania (something like that) toronto office for their advice. and m sure u bought the stocks through a broker, y dont u contact him agian to sell em and solving the address issue, thats wat they get paid for.
and banks and energy eh, must have made loads of money during musharaf days
your dividend/bonuses are never lost..no need to worry. You just have to contact Shares Registrar of each company whose shares you have bought. Plz mention your shares and I'll provide you the addresses and contacts of the respective Shares Registrars.