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HC Securities & InvestmentCustody

The custody division at HC Securities and Investment is here to help you keep accurate records. By maintaining transactional records of your buying and selling activity, you can make intelligent, more informed decisions in the future. With such an excellent service at your fingertips, you can always request a holdings statement to track your position in the market accurately.

Norway

HC Securities & InvestmentHC CUSTODY

EGP70bn

Value of stocks under HC Custody

4710

No. Of Clients

HC Custody Products and Service Offerings

Bonds settlement and clearance of buy/sell transactions, follow-up of monetary settlement and printing of account statements
Securities settlement and clearance of buy/sell transactions with MCDR
Securities deposition at MCDR
Provide the shareholder with a certificate of ownership to attend the issuing company’s GA meetings
Provide statement of ownership to the investor of his/her securities in the issuing company
Release dormant customer balances in cooperation with the EGX
Executing and settling GDR issuance & cancellation transactions
Settling and follow-up on correction operations (customer name – custodian, etc.)
Send daily e-mail statement service for customers
Amend customer names in coordination with the EGX administration
Profit collections in favor of stockholders (Coupons & shares distributions – stock split, etc.)
Stocks lending/borrowing service
Companies incorporation services

HC Securities & InvestmentNew law announcement

On 14 January 2018, Egypt’s Companies Law No. 159 of 1981 was amended. The change states that before any joint-stock company must be registered, their shares are to be deposited with a central depository and registry company.

In-line with the new law amendments, HC Custody Provides

  • Securities’ registry services at Misr for Central Clearing, Depository and Registry (MCDR)
  • Following up on the settlement of the stocks depository transactions
  • Issuing shareholder lists for the companies and upload post-settlement statements on Misr for Central Clearing, Depository and Registry (MCDR) system.
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Custody DepartmentEXECUTIVE

Norway
Mohamed Talaat

Head of Custody