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Local Safekeeping Services

Citibank can hold shares in both physical and scripless form on your behalf. We have a vault dedicated to custody services for holding physical shares and also maintain an account with the Central Depository Company (CDC) for safekeeping and transacting
scripless shares. Citibank offers registration services for physical shares which includes registration processing, monitoring, outstanding stock and timely collection of shares and transfer deeds from registrars. Citibank will provide regular reporting at each stage of the registration cycle to give an updated portfolio status.

Citibank monitors all income and corporate action events relating to its client's portfolio by providing timely information on announcements, accrued entitlements and receipt of these entitlements on issuuance date. Citibank will collect all dividend and interest income or shares from companies on maturity or issuance date. Citibank will monitor all due dates and conduct follow up on all pending items.

Citibank assists clients in corporate governance through our proxy-voting services. We provide comprehensive reporting on all events relating to AGM or EGM announcements and make representation on your behalf at meeting to execute voting instructions.

 

 

 

 


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