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Thread: News from Warka for Proxy stock holders

  1. #1
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    News from Warka for Proxy stock holders

    Looks like good news for proxy stock holders

    http://www.warka-bank.com/?0d64a1934dcafd4bf6a2baffb9

  2. #2
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    Quote Originally Posted by Brazileiro View Post
    Looks like good news for proxy stock holders

    http://www.warka-bank.com/?0d64a1934dcafd4bf6a2baffb9
    Gracias Bra!!!

  3. #3
    Supporter and Investor! thebest's Avatar
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    Dear Sir,

    Please note that your stocks are held under the name of the proxy company and as this stock has been delisted from the Iraqi Stock Exchange it is not possible to transfer it into your good name.

    Once the company is listed back into the ISX and resumes regular trading activity it is possible to transfer the stocks into your good name where an electronic statement issued by the ISX depository system can be provided only and when the company is re-listed back on the Iraqi Stock Exchange.

    Certificates are no longer issued simply and electric statement confirming the stock and number of shares which is issued by the ISX depository system

    Best regards,

    ISX Department
    Warka Bank for Investment and Finance
    Dear Proxy Stockholders WARKA 01-24-2018 INVESTOR.jpg
    http://www.investorsiraq.com/showthr...dividend/page2
    Al-Warka Bank Mr. Saad al-Bunnia We are giving you a chance to make good profits because once the country has returned to normal and foreigners can buy shares, believe me, nobody will be able to grab a handful of shares.
    THEBEST Remember if CG acted like vultures. No matter that appear to try to help us. They’re vultures.

  4. #4
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    de nada Pirata! Too bad no good news for cash account clients :'(

  5. #5
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    Where is the form we need to sign?

    Or do we just make our own?
    Last edited by What If....; 01-24-2018 at 08:05 PM.
    MONEY NEVER SLEEP$

  6. #6
    Supporter and Investor! calstar's Avatar
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    Is this a joke!

  7. #7
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    No idea what form is required but others on the site that have already done this will know. Can anyone help What if?

    Quote Originally Posted by What If.... View Post
    Where is the form we need to sign?

    Or do we just make our own?

  8. #8
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    Thank you for the heads up... 15 days is a pretty friggin' small window to respond! Do they think people are logging onto their website every day? People do not check on this investment for years sometimes. Makes me wonder what the rush is? Maybe the Davos conference with Abadi and the Kuwait conference that's right after this due date for proxy will make something happen.

  9. #9
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    Almost right at one 1 year since relisting was denied. Makes me wonder if the Warka Brokerage is closing or ???? Once your shares are in the ISX Depository you can transfer them to another brokerage as I believe James and others have done. 15 Day window to get it done.

    Quote Originally Posted by calstar View Post
    Is this a joke!
    Last edited by Brazileiro; 01-24-2018 at 08:59 PM.

  10. #10
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    For those that may be thinking the post from thebest is the info my link goes to, it is not. Here is the info from the Warka website that my post is about,,,

    Dear Proxy Stockholders ,

    According to the current regulations and guidelines all stock holders holding stocks and shares under the name of our proxy company are kindly requested to submit a colored copy of their valid passport and a signed authorization letter authorizing our brokerage company (Warka Brokerage company) to transfer all stocks and shares held under the name of the proxy company to the direct name of the stock holder depositing the shares under his / her name in the ISX depository system.

    Proxy holders whom fail to provide a copy of the colored valid passport and authorization within 15 days from posting this notice on our website will have their shares liquidated and sold and the funds deposited directly into their accounts held at Warka Bank for Investment and Finance.


    Please send the requested information directly to our brokerage office 3044@warka-bank-iq.com noting that emails directed to the non relevant department will be disregarded and considered null and void.

    Thank you for your fine cooperation.


    Respectfully,

    Last edited by Brazileiro; 01-24-2018 at 08:56 PM.

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