Muscat Depository Securities Registration Company SAOC COMPANY PROFILE
- Slides: 10
Muscat Depository & Securities Registration Company SAOC COMPANY PROFILE 9/26/2020 Company Profile 1
Agenda n Pre-Depository Scenario in OMAN n Company Formation n Ownership Profile n Core Services n Specialize Services n Recent Developments n Future Plans 9/26/2020 Company Profile 2
Pre-Depository Scenario in OMAN n Paper based settlement n Shareholder Register with Companies n Bad Deliveries n Delayed Transfer of Title n Decentralize Depository Services n Depository as Department in MSM 9/26/2020 Company Profile 3
Company Formation n MDSRC is a closed joint stock company established in November 1998 under Royal Decree No. 82/98. n Began Operations as an independent company on 1 January 1999. n 25 Years Duration & Renewable with consent of the CMA. n Regulated by Capital Market Authority (CMA) 9/26/2020 Company Profile 4
Company Formation n Use of MDSRC is required by law for both settlement & safekeeping of securities. n All securities in MDSRC are dematerialised. n Transfer of Government Bonds to MDSRC in August 2003. 9/26/2020 Company Profile 5
Ownership Profile n Joint Stock Company. n 40% owned by Muscat Securities Market (MSM), Stock Exchange of the Country. n 60% Owned by Brokerage Firms, Investment Companies and Banks. 9/26/2020 Company Profile 6
Core Services n Custodian of All Financial Securities n Settlement & Safe Keeping n Corporate Actions n Register Maintenance n Issuer Services n Investor Services n Brokerage Firms Services 9/26/2020 Company Profile 7
Specialize Services n Dividend Distribution n Facilitating organizing of Company AGM n Facilitating IPO Management n Authorization System n Government Bonds Interest & Principle Distribution n Facilitating Investor Trust Fund to distribute unclaimed dividends etc. 9/26/2020 Company Profile 8
Recent Developments n Listing of OMANTEL with 162, 000 investors, biggest ever investor turnover. n Participation in Successful Launch of New Trading system in MSM n Successful Integration of New Trading System with Depository System n Launch of New Authorization System 9/26/2020 Company Profile 9
Future Plans n Settlement Services n New World Class Settlement & Depository system n Initiatives for Regional Integration of Depositories 9/26/2020 Company Profile 10
Indonesian central securities depository
Haya.om
Harvard depository
Gdr
Depository institution
Can you sign over a check to someone else
Bursa malaysia depository sdn bhd
Misr clearing settlement central depository
Depository institution
Complaint against depository participant
Reserves of depository institutions
