Nominees shareholders

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#9
Ben Wrote:Can substantial shareholder of a company buy shares using nominee account and so hide his real shareholding? I think this is not allowed but would like to confirm.

Of course it can be done. The substantial shareholder is supposed to disclose, but in practice this is very hard to police, since as long as he does not cross 5% at each nominee, nobody is any the wiser.
Reply


Messages In This Thread
Nominees shareholders - by Ben - 14-01-2011, 02:49 PM
RE: Nominees shareholders - by iisterry - 14-01-2011, 03:16 PM
RE: Nominees shareholders - by d.o.g. - 14-01-2011, 03:46 PM
RE: Nominees shareholders - by Ben - 14-01-2011, 03:53 PM
RE: Nominees shareholders - by iisterry - 14-01-2011, 05:52 PM
RE: Nominees shareholders - by Jon-san - 14-01-2011, 03:57 PM
RE: Nominees shareholders - by d.o.g. - 14-01-2011, 04:31 PM
RE: Nominees shareholders - by Ben - 14-01-2011, 04:42 PM
RE: Nominees shareholders - by Musicwhiz - 14-01-2011, 04:59 PM
RE: Nominees shareholders - by d.o.g. - 14-01-2011, 05:15 PM
RE: Nominees shareholders - by mikh - 14-01-2011, 05:30 PM
RE: Nominees shareholders - by egghead - 14-01-2011, 05:54 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)