Can companies registered with Muscat Clearing and Depository Company (MCD) Review their accounts on the company’s website?
Yes, companies registered with MCD can review their records and access various services and reports by registering on MCD’s website. Registration requires submitting some basic documents.
How can stakeholders contact the Corporate Affairs Department?
You can contact them via email at corporate@mcd.om or by phone at 24822228.
Can issuers access shareholder reports periodically?
Yes, both public and closed companies can access shareholder reports through their issuer accounts on the website, according to the permissions granted by MCD. Reports can be accessed up to four times per month, i.e., once every seven days.
Must an issuing company sign an agreement with MCD before registering its securities?
Yes, the issuing company must sign a service agreement with MCD to define responsibilities, scope, and obligations of both parties regarding registration and depository services.
What is the typical timeframe to complete the registration of new securities?
The timeframe depends on how quickly the issuing company submits the required documents. Generally, the process takes 5 to 10 working days after completing all legal and administrative requirements.
What types of securities can be registered with MCD?
These include shares, sukuk, bonds, investment fund units, and any other financial instruments regulated by the Capital Market Law.
What types of securities can be registered with MCD?
The request must be submitted through the Muscat Stock Exchange (MSX) website: www.msx.om
