[ad_1]
Contractors July 30, 2019 New
China Securities Depository Corporation (SDC) has unveiled Qin as an optional service for companies and funds, which aims to develop and standardize the existing dividend payout mechanism.
In a statement released Tuesday, Deposit said the service was part of its strategic plan to provide innovative and efficient solutions to all market players, in line with international standards. Cash dividends will be distributed to eligible shareholders on behalf of the issuer through the intermediary of the market members.
Through the Tadawulati platform, Tadawul aims to provide integrated services that facilitate the execution of procedures related to the distribution of receipts to issuers, ensuring that cash transfers, accuracy shareholder information and profit generated, as well as cost reduction. Resulting from the introduction of cash transfers to issuers of securities.
Read also:
File "Subscription Shares Add" Competence for Human Resources "to Eligible Shareholders
Short link:
See as well
Ahmed bin Sulaiman Al-Rajhi, Minister of Labor and Social Development, has taken the ministerial decision to adopt the guide …
[ad_2]
Source link
