One of my followers came up with this.
He has changed account with account number from one newdevco finance services . He should me a paper he receives from them last in 2018 with CSCS as a header and from it he has shares in about 6 companies and all looking reasonable and according to him he has never received dividend from any any of them neither is he aware of his current holdings maybe from bonus shares.
But first after we discussed I checked the broker and noticed it’s licence. I also went ahead to check the companies one after the other and discovered some are there,some transformed and one which is dangote flour mills was sold out to owners of Alan in 2019 and all shares were converted to cash at #24 per share.
Now the question is he has not received his payment and wants to know how to go about it.
Secondly the the last update he was given the paper does not bear CSCS and I am thinking it still belongs to the old system. If that is the case do I follow full procedure for dematerialization for him ?
Thanks
