This refers to our notice no.1334 dated February 27, 2017 whereby forfeiture of TRE certificate of M/s AWJ Securities (Private) Limited (AWJ) was disseminated. Pakistan Stock Exchange (PSX) has asked all TRE certificate holders and investors/clients of AWJ forfeited Trading Rights Entitlement (TRE) certificate holders to submit their claims arising out of the transaction(s) made subject to regulations of the PSX against the AWJ with Regulatory Affairs Division of PSX nearest to your location in Karachi, Islamabad and Lahore through duly filled Investors' Claim Form.
In a notice issued on Monday, the PSX said that claims can be submitted through the claim form that can be downloaded from PSX website by visiting the link "Investor Center" or directly through online e-complaints at; https://csir.psx.com.pk. The PSX advised the investors to submit their claim forms along with required supporting documents as mentioned in PSX claim form. For efficient processing, mention whether the claim of funds/securities is from pre/post integration of Stock Exchanges into PSX.
The TRE certificate holders/investors who have already lodged their complaints/claims against AWJ 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 the PSX within stipulated time by specifically mentioning their assigned claim number against their claim as reference.
PSX will scrutinise all the claims lodged with the exchange from available records of the said former TREC Holder, Central Depositary 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. PSX reserves the right to take appropriate legal action against those who lodge false or fictitious claims, the notice said. The last date for submission of claims against M/s AWJ Securities (Private) Limited is March 29, 2017 and thereafter no claim will be entertained by PSX.
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