MAM forfeited TRE certificate: PSX asks investors, clients to submit claims

Pakistan Stock Exchange has asked all investors/clients of MAM forfeited TRE certificate holder to submit their claims arising out of the transaction(s) made subject to regulations of the PSX against MAM Securities with Regulatory Affairs Division (RAD) of PSX nearest to their location in Karachi, Islamabad and Lahore. The claims should be submitted through duly filled Investors' Claim Form, either by downloading from PSX website by visiting the link "Investor Centre" or directly through online e-complaints at; http://csir.psx.com.pk.
"Investors are advised to submit their claim forms alongwith required supporting documents as mentioned in PSX claim form," a PSX notice issued on Wednesday said. For efficient processing, the investors should mention whether their claim of funds / securities is from pre / post integration of Stock Exchanges into PSX, it added.
Those TRE Certificate holder/investors who have already lodged their complaints/claims against MAM are not required to file their complaints again as their claims are already being processed by the PSX. However, in case they need to submit any additional evidences in support of their already lodged claims, they may submit relevant documents to PSX within stipulated time by specifically mentioning their assigned claim number against their claim as reference.
PSX will scrutinize all the claims lodged with the Exchange from available records of the said former TREC Holder, Central Depository Company, trade data and payments/receipts proving documents including bank statements/ letters/cheques etc to ascertain its legitimacy. In order to verify each claim and to ascertain its genuineness, PSX may seek advice or employ the services of a reputed firm of Chartered Accountants.