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Muscat Depository & Securities Registration Company SAOC

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Presentation on theme: "Muscat Depository & Securities Registration Company SAOC"— Presentation transcript:

1 Muscat Depository & Securities Registration Company SAOC
COMPANY PROFILE 8/10/2019 Company Profile

2 Agenda Pre-Depository Scenario in OMAN Company Formation
Ownership Profile Core Services Specialize Services Recent Developments Future Plans 8/10/2019 Company Profile

3 Pre-Depository Scenario in OMAN
Paper based settlement Shareholder Register with Companies Bad Deliveries Delayed Transfer of Title Decentralize Depository Services Depository as Department in MSM 8/10/2019 Company Profile

4 Company Formation MDSRC is a closed joint stock company established in November 1998 under Royal Decree No. 82/98. Began Operations as an independent company on 1 January 1999. 25 Years Duration & Renewable with consent of the CMA. Regulated by Capital Market Authority (CMA) 8/10/2019 Company Profile

5 Company Formation Use of MDSRC is required by law for both settlement & safekeeping of securities. All securities in MDSRC are dematerialised. Transfer of Government Bonds to MDSRC in August 2003. 8/10/2019 Company Profile

6 Ownership Profile Joint Stock Company.
40% owned by Muscat Securities Market (MSM), Stock Exchange of the Country. 60% Owned by Brokerage Firms, Investment Companies and Banks. 8/10/2019 Company Profile

7 Core Services Custodian of All Financial Securities
Settlement & Safe Keeping Corporate Actions Register Maintenance Issuer Services Investor Services Brokerage Firms Services 8/10/2019 Company Profile

8 Specialize Services Dividend Distribution
Facilitating organizing of Company AGM Facilitating IPO Management Authorization System Government Bonds Interest & Principle Distribution Facilitating Investor Trust Fund to distribute unclaimed dividends etc. 8/10/2019 Company Profile

9 Recent Developments Listing of OMANTEL with 162,000 investors, biggest ever investor turnover. Participation in Successful Launch of New Trading system in MSM Successful Integration of New Trading System with Depository System Launch of New Authorization System 8/10/2019 Company Profile

10 Future Plans Settlement Services
New World Class Settlement & Depository system Initiatives for Regional Integration of Depositories 8/10/2019 Company Profile


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