Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය

Latest topics

» CIFL ANY NEWS
by Chinwi Today at 9:28 am

» HVA - Game changer! High profits this quarter!!!!!
by Chinwi Yesterday at 11:03 pm

» JACKPOT for LDEV share holders
by anjelo Yesterday at 1:53 pm

» sfs any news
by max shanu Yesterday at 10:52 am

» Foreign Investment
by kang64 Yesterday at 6:00 am

» Meka Mahinda Rajapaksege Wadak
by Yahapalanaya Thu Nov 23, 2017 8:20 am

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by sameboy Thu Nov 23, 2017 6:10 am

» best stocks to buy now
by Ryan Hudson Wed Nov 22, 2017 10:26 pm

» BFN .. ORIENT FINANCE PLC
by rasikagamage Wed Nov 22, 2017 1:58 pm

» RENUKA CAPITAL PLC (KZOO.N0000)
by Namal Wed Nov 22, 2017 1:15 pm

» WATCHOUT CITRUS GROUP SHARES
by Eugine Fernando Wed Nov 22, 2017 10:47 am

» Jackpot For LDEV share holders
by bushra03 Tue Nov 21, 2017 6:07 pm

» LLMP -වාර්තාව හොඳ නැත
by max shanu Tue Nov 21, 2017 9:01 am

» CFVF will HIT. 40 BY Next. Thursday
by sanjulanka Mon Nov 20, 2017 11:45 pm

» MULL trade up possibilities
by Hewagak Mon Nov 20, 2017 8:48 pm

» GROUP LEASE PUBLIC COMPANY LIMITED vs COCR
by TARGET Mon Nov 20, 2017 6:21 pm

» Commercial Credit COCR and Group Lease Deal Pricing story
by kjojo Mon Nov 20, 2017 3:10 pm

» HEXP N.0000
by chathura Mon Nov 20, 2017 11:26 am

» CFT 7+...........today
by max shanu Mon Nov 20, 2017 11:10 am

» GRANN - Gonna fly
by prasa2004 Mon Nov 20, 2017 8:55 am

» Any News on JINS???
by prasa2004 Mon Nov 20, 2017 8:51 am

» Watch DFCC and NDB and guess which one is best
by Small Investor Sun Nov 19, 2017 10:28 am

» is KFP good to buy
by Fayaz_2017 Fri Nov 17, 2017 4:19 pm

» Plantation stocks
by anjelo Fri Nov 17, 2017 3:43 pm

» Good News - Watch ( VFIN , LFIN , CFIN, SAMP,LOFC)
by Harry82 Thu Nov 16, 2017 9:10 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Incorrect Dividend Checks for Allied Finance Co.

Incorrect Dividend Checks for Allied Finance Co.

View previous topic View next topic Go down  Message [Page 1 of 1]

lokka1


Manager - Equity Analytics
Manager - Equity Analytics
This is to bring to the attention of the forum members that ALLI dividend checks  paid on the April 3rd are in some cases  wrong. I was shortchanged for 300 shares. I contacted the company on the 4th and they said the checks are based on the list provided to them by the CDS. I made a written complaint on the 4th to the CSE by email to investorcomplaints@cse.lk giving all the relevant details. I never received a reply or an acknowledgement of my complaint. I followed this with another email on 21st. Still no reply. I followed this with a phone call and finally on the 24th a very nice lady called me and agreed that an error was made in my case as well as several other cases. She thanked me as nobody else had complained about this matter. She assured me that the CDS is working with the company to resolve it. So ALLIED share holders please check your dividend numbers. There is a problem for the company as the dividend intended for me has been paid to the shareholder who sold the 300 shares to me before the XD date. Their board has to resolve that. The other concern I have is why the investor complaint web site at the CSE is not working. To me it is not the amount of money but why these organisations do not work properly to protect the small investors!
Lokka1

kovida

avatar
Senior Equity Analytic
Senior Equity Analytic
@lokka1 wrote:This is to bring to the attention of the forum members that ALLI dividend checks  paid on the April 3rd are in some cases  wrong. I was shortchanged for 300 shares. I contacted the company on the 4th and they said the checks are based on the list provided to them by the CDS. I made a written complaint on the 4th to the CSE by email to investorcomplaints@cse.lk giving all the relevant details. I never received a reply or an acknowledgement of my complaint. I followed this with another email on 21st. Still no reply. I followed this with a phone call and finally on the 24th a very nice lady called me and agreed that an error was made in my case as well as several other cases. She thanked me as nobody else had complained about this matter. She assured me that the CDS is working with the company to resolve it. So ALLIED share holders please check your dividend numbers. There is a problem for the company as the dividend intended for me has been paid to the shareholder who sold the 300 shares to me before the XD date. Their board has to resolve that. The other concern I have is why the investor complaint web site at the CSE is not working. To me it is not the amount of money but why these organisations do not work properly to protect the small investors!
Lokka1
Let alone your dividend matter.CSE website itself can't adjust its dates. How you expect from them something more. This is investor friendly CSE .

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum