Regulatory Alerts1999-10-04
Added · Updated
Pattern of holding of the shares in The Central Depository System and rights of such shareholders
Listed companies in the central depository system must report the pattern of shareholding and shareholder categories using Form 34, listing actual beneficial owners rather than the Central Depository Company. These entities are also required to circulate meeting notices and copies of annual and half-yearly accounts to all shareholders based on the shareholder list provided by the Central Depository Company. This directive enforces compliance with Sections 158 and 233 of the Companies Ordinance, 1984, addressing previous omissions in reporting and distribution.
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