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Center for securities market helps shareholders to receive dividends for 1.1 bn soums
Center for securities market helps shareholders to receive dividends for 1.1 bn soums

Center for securities market helps shareholders to receive dividends for 1.1 bn soums

Tashkent, Uzbekistan (UzDaily.com) -- The Center for coordination and development of securities market considered over 190 appeals of the shareholders and investors in nine months of 2013 and in the result of the review ordered to 47 issuers to eliminate violations.

The Center also submitted 39 appeals to the courts to recover violated rights and interests of the shareholders and investors in the reporting period.

Adopted measures helped to shareholders and investors to receive 1.187 billion soums of dividends, the press service of the Center said.

The Center said it also monitors disclosures of the companies to prevent violations on payment of dividends to the shareholders and investors.

It added that in major cases the companies have no data on bank accounts of the shareholders and it results in late payment of dividends. The center recalled that the shareholders should inform the depository on their accounts.

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