SEC extends span of dividend warrants issuance to Dec. 2019

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The Securities and Exchange Commission has extended the deadline for the discontinuation of the issuance of dividend warrants to December 2019.

The Commission said the action was to enable stakeholders address outstanding issues.

SEC announced the extension via circular on its website, saying the decision is in furtherance of its mandate to ensure that shareholders are protected.

According to the Commission, the extension of the deadline for discontinuation of issuing of warrants does not stop investors from registering for electronic-dividend.

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