South Pacific Stock Exchange today signed an agreement with Amalgamated Telecom Holdings Limited to provide share registry services for all ATH shareholders.
Central Share Registry PTE Limited , a fully owned subsidiary at SPSE will be providing the services and all ATH shareholders and licensed stockbrokers will have to liaise with them.
SPSE CEO Krishika Narayan says SPSE is happy with ATH coming on board to partner with them.
ATH CEO Ivan Fong says outsourcing share registry is an economical move.
“Shareholders will not have to wait for hours to get served at ATH office.”
ATH is the largest company listed under the stock exchange with over 1400 shareholders in terms of market capitalisation.