Mosul Bank will be issuing 24.5% paid up shares

[kevlad]

Dear Warka Investors,



Mosul Bank will be issuing 24.5% paid up shares at the price of IQD (1) per share for those shares owned prior to holding its general assembly meeting.

Investors are kindly requested to submit their signed authorization letters to purchase the paid up shares by May 31st 2009 and any request received after this date will be considered null and void by our bank.







Best regards,

ISX Department

Warka Bank for Investment and Finance

http://www.warka-bank.com/inner.php?type=3&id=45&PHPSESSID=130856268c826982fe84036f3eab2ce0

[rich man]

nice...

thanks!:happy64:

[kevlad]

BUMP

7 days left for Mosul Bank shareholders to submit their authorisation letters.:yes:


kev

[crazyfrank]

yes but i am cornfused, I saw this same info on the warka news section earlier this morning, but I just looked again now later the same day late PM and it is gone now? no info on Mosul bank there right now, that is odd?

[trusty]

yes but i am cornfused, I saw this same info on the warka news section earlier this morning, but I just looked again now later the same day late PM and it is gone now? no info on Mosul bank there right now, that is odd?

I just looked at it:

http://www.warka-bank.com/news.php

Trusty

[crazyfrank]

yes I just used the link you posted and it still is not there, the top of the list of news stories begins with economy bank paid up share info, then gulf bank, and then national bank .

I see nothing anymore about mosul bank, and I know it was there earlier yesterday, forgive me if its at my end, but I just don't see it anymore here.

[24mm exposed grid]

yes I just used the link you posted and it still is not there, the top of the list of news stories begins with economy bank paid up share info, then gulf bank, and then national bank .

I see nothing anymore about mosul bank, and I know it was there earlier yesterday, forgive me if its at my end, but I just don't see it anymore here.

Same here Frank. There yesterday, gone now !

[Crow]

Same here Frank. There yesterday, gone now ! I was surprised when this paid in share deal came out, because what I heard was totally different. Just have to see what happens.

[trusty]

yes I just used the link you posted and it still is not there, the top of the list of news stories begins with economy bank paid up share info, then gulf bank, and then national bank .

I see nothing anymore about mosul bank, and I know it was there earlier yesterday, forgive me if its at my end, but I just don't see it anymore here.

hhhuuummm...I see what you mean.
I got it earlier but it's gone now.

Trusty

[James]

I saw the same announcement as well. I sent my authorization letter yesterday so I will let you know what I hear back from Warka. Strange...

[dim sum]

I'd heard 20% free shares...:no::cool:

[James]

Received word today ... Thank you for bringing this matter to my attention and the post is correct and should be on the website. I will contact our web team to put the post back up.

[Seaview]

Yes - 26th May - the post is back up again today. :drunk: Get your orders in quick!! :nod: :yes:


Dear Warka Investors,

Mosul Bank will be issuing 24.5% paid up shares at the price of IQD (1) per share for those shares owned prior to holding its general assembly meeting.

Investors are kindly requested to submit their signed authorization letters to purchase the paid up shares by May 31st 2009 and any request received after this date will be considered null and void by our bank.

Best regards,

ISX Department
Warka Bank for Investment and Finance

[Crow]

I received a E-Mail ( hard to understand ) that stated that free shares or dividend will also be distributed. Have to see what happens.

[Crow]

www.mosulbank.com/ Check out the music....nice touch....:dance:

[War Eagle]

jibberish,but the music is nice!!!

[anele]

I received a E-Mail ( hard to understand ) that stated that free shares or dividend will also be distributed. Have to see what happens.

Mosul Bank - 24.57% paid up shares.
- 18.28% free shares.

These numbers from member of iraqism.com

[dim sum]

Mosul Bank - 24.57% paid up shares.
- 18.28% free shares.

These numbers from member of iraqism.com

Thanks for posting this! :yes::yes::sun:

[iraqiDave]

Received my free shares and my paidup today.....

woohoooooooo

[MarkOne]

I also received my Mosul Paid Up Shares... and Mosul FREE Shares (which I was Not expecting {free} as I do not remember them ever being mentioned) from Warka Bank!!!

24.577% Paid Up
18.25% Free

[RoyalBeluga]

It would seem Warka customers get what they're entitled to, eventually and that Karmal Investors sometimes get IOU's :giggle:

[rich man]

GOT MINE.....:party::cash:

Warka.......:clapping:

[iraqiDave]

It would seem Warka customers get what they're entitled to, eventually and that Karmal Investors sometimes get IOU's :giggle:

9 weeks isn't bad... As long as the shares come through eventually all is well...

[RoyalBeluga]

9 weeks isn't bad... As long as the shares come through eventually all is well...

............. :nod:

we're all in this together no matter which broker we use. Sure there'll be competition and here is the PRIME place to wage that sort of war right now :wink:

All this 'Warka are no good, Karmal are best' crock is to be expected, especially here :nerd:

Until Warka let me down in the slightest, with Warka I'll stay :rock:

[chakkarchee]

Mosul Bank will be issuing 24.5% paid up shares at the price of IQD (1) per share .

I think it is old post why would they ask for

Investors are kindly requested to submit their signed authorization letters to purchase the paid up shares by May 31st 2009

:nerd:

[chakkarchee]

Mosul Bank will be issuing 24.5% paid up shares at the price of IQD (1) per share for those shares owned prior to holding its general assembly meeting.

Investors are kindly requested to submit their signed authorization letters to purchase the paid up shares by May 31st 2009 <<< why this date

[Crow]

Mosul Bank will be issuing 24.5% paid up shares at the price of IQD (1) per share .

I think it is old post why would they ask for

Investors are kindly requested to submit their signed authorization letters to purchase the paid up shares by May 31st 2009

:nerd: People are receiving their shares now, takes a little while.

[MarkOne]

Mosul Bank will be issuing 24.5% paid up shares at the price of IQD (1) per share .

I think it is old post why would they ask for

Investors are kindly requested to submit their signed authorization letters to purchase the paid up shares by May 31st 2009

:nerd:


The above (PAID UP SHARES) are shares that a shareholder (someone who already owns shares of this bank) can PURCHASE for 1 IQD each, however, there is a deadline as to when you have to REQUEST to purchase these additional shares by, and, in this case it happens to be May 31st, 2009.

There is also ALWAYS a certain percentage that they (the company or bank) will offer at the 1 IQD each price - in this case it is 24.5% - which is the MAXIMUM amount that you can buy at 1 IQD each. For example, if you had 200,000 shares of this bank, then you could purchase a maximum of 49,000 shares at 1 IQD each (24.5% x 200,000 = 49,000 IQD). This amount (49,000 IQD) would be removed from your bank account (if using Warka Bank), so you ALWAYS need to keep at least 'some' IQD in your bank account to be able to take advantage of these offers (some of which are INCREDIBLE deals).

If they are FREE Shares (a split), then you would NOT have to do anything to receive them. They are automatically credited to your account (at some point) and you are sent a spreadsheet (hopefully) with your current number of shares including the FREE shares.

So, for Paid Up Shares - you must request them to be purchased for you as you have to PAY for them (there is ALWAYS a deadline AND always a price).

For Free Shares - you do not need to do anything as they will automatically be given to you for FREE.

PLEASE! PLEASE! Use 'something' to keep track of your shares (free or paid) so you will always know what you are entitled to.

Scott Gonzalez (spelling) has a site that may help, OR, you can use the Spreadsheet that someone here on this site provided for free to keep track of your shares. If you do not have Microsoft Excel, then you can also use OPENOFFICE.ORG (I believe it is FREE).

[dagod1]

I got mine yesterday both paid up and free from mosul