Last Updated : 5/14/2007

 
Afribank Registrars Limited

Incorporated in 2004, Afribank Registrars Limited is committed to innovative and total quality registrars' services in the capital market.
 
The main services of the organization are the creation and maintenance of stockholders' register of members.
 
Its focus is in the area of public issues, bonus issues, rights issues,debentures, bond issues, takeover, merger etc.
 
Aided by state-of-the-art technology and a team of experienced professionals, Afribank Registrars Limited's broad services cover the following:
  • Arrangement and distribution of offer documents and rights circulars
  • Collection of completed application forms from receiving agents and issuing houses
  • Analysis of applications received for allotment
  • Preparation of basis of allotment
  • Administration of return of surplus subscriptions
  • Arrangement and codification of application form
  • Production of register of members
  • Preparation and dispatch of share certificates to allotees
  • Verification and registration of all documents of transfer
  • Preparation of share certificates
  • Payment of dividends, including withholding tax and dividends mandates
  • Transmissions
  • Amalgamation and consolidation
  • Update of shareholders' data, such as change of address & names
  • Returned dividends and certificates management
  • Advisory Services

The firm offers specialized advisory services in the areas of statutory and regulatory and requirements, conduct of general meetings shareholders/management relationship and management/Board of Directors relationship.