Maldives Transport and Construction Company (MTCC) has begun disbursing share earnings for the 2017 financial year.
An announcement released by the company said they will be disbursing share earnings from Tuesday and that they will be issuing MVR 2.60 per share. MTCC had also appealed shareholders, who had not withdrawn their share earnings from 1981 onwards, to claim their earnings.
Shareholders need to produce a copy of their share certificate and ID card. A proxy will also have to present a copy of their ID card, a no objection letter from the shareholder, as well as the copy of the shareholder’s ID card and a copy of their share certificate. If the shareholder is a minor then their guardian should issue a letter as well.
MTCC assured that deposits will be made to the shareholder’s bank account within a month, if the request is made.
MTCC added that all shareholders can pick up their share earnings from MTCC head offices located at the 7th floor in MTCC tower. Earnings will be issued on working days from 0830 to 1500 hrs.
The Government of Maldives owns 64.20 percent shares at MTCC, with 31.15 percent shares owned by public. Maldives National Shipping Limited (MNSL) owns 4.65 percent shares of MTCC.
Comments