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DAILY BUSINESS NEWS BRIEF – SEC stops issuance of dividend paper warrants

3
Jan

 

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SEC stops issuance of dividend paper warrants
The Securities and Exchange Commission on Tuesday directed all registrars to stop the issuance of dividend paper warrants.A dividend paper warrant is a financial instrument in form of a cheque issued by a quoted company to its shareholders through which dividend is paid to them.The Acting Director-General, SEC, Dr. Abdul Zubair, said this during a media briefing on the capital market initiatives of the commission.Read More…]

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