TransferClear HK Limited

Frequently Asked Questions

This material is intended to educate you on some elements of escrow, such as the function of the escrow holder and offer you with useful tips for navigating the escrow procedure.

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List of FAQs

Can you explain what “Stock Power” means?

A stock power is a kind of power of attorney allowing another person than the owner to assign share ownership to a third party. When TransferClear acquire a completed stock power, the Registrar might assign the stocks’ ownership to a third party.

What is the definition of a “Record Date”?

The exact day that the issuer of the securities chooses as the record date determines the owners’ ability to receive a payment or dividend.

What is a Stop Transfer?

An order for a specific stock or bond certificate that has been reported as missing, stolen, or misplaced is known as a stop transfer. Therefore, until the security has been discovered or modified, transfers are not allowed.

What is the meaning of Due Date?

A established deadline for the payment of stock dividends. The payment date is the date on which it is anticipated that a declared stock dividend will be distributed to shareholders.

What is the meaning of a Stock Split?

A stock split is a business strategy in which a company splits its current shares into several shares. Even if the number of shares increases by a certain amount, the split’s true value is preserved, ensuring that the total dollar worth of the shares stays constant. Share splits occur for a number of reasons, including when a company’s share price has grown to the point that investors can no longer afford to buy the shares. “Stock split” is also known as “scrip issue,” “bonus issue,” “capitalization issue,” and “free issue.”

What is the meaning of Medallion Guarantee?

A Medallion Guarantee is a seal applied to securities that certifies the validity and authority of a signature on a certificate or stock power. A recognized business, such as a trust firm, broker, or commercial bank, provides the Medallion Guarantee. Only companies who are members of an officially recognized program may provide the Medallion Guarantee.

How do I manage Lost Certificate?

If you lose a stock certificate, please tell us by phone or email as soon as possible so that we may mark it as “STOP.” After the “STOP” is made, it may be necessary to complete the “lost instrument bond” form.

What Accounts do we use?

  • AC Consulting
  • Aurriso Limited
  • Azkro Inc LLC – FZ
  • Chuang Chen Limited
  • EGM Holdings Limited
  • Elaunch Strategies Ltd
  • ELEKROJACH SP. Z O.O
  • Investia LLC
  • LBB Marketing Management LLC
  • LPJ
  • Modern Advice LDA
  • MTBS Global Limited
  • Oceana Services Limited
  • Phoebus Finance SA
  • Silver Bank
  • Swiss Pro SA
  • Titanium Intercontinental Limited
  • Trevor Pierce
  • Trustex Ltd.
  • Unikeen STP Limited
  • Market Access Holdings Ltd
  • Breinrock Limited
  • TM2 Treasury (CH) GmbH
  • Digit Consult Ltd
  • Orangehouse
  • Three Logic Management Consultancies LLLC
  • BGLCR
  • NOVEX UNLIMITED – FZCO
  • Sansa – 1
  • FINEXIA, LDA
  • STERLING VALLEY LTD