Every effort has been made to ensure that the information provided on this website and any material available from it is accurate. However, under no circumstances, including, but not limited to, negligence, shall KASIB be liable for any special, incidental or consequential damages that result from the use of, or the inability to use, the materials in this website. Nor does KASIB warrant or make any representations regarding the use or the results of the use of the information provided on this website and any material available from it in terms of its correctness, accuracy, reliability, or otherwise.
The information provided in this website does not constitute investment, tax, legal, or any other advice. No representations are made as to the reliability or completeness of such information.
Further, readers are advised to consult with any of the registered stockbrokers, or investment banks whose contacts have been included in this website.
Code of Ethics
This is money raised by companies to finance new ventures..
This is a dividend which was expected, but which was not declared, usually due to financial difficulties. The company hereby opts to conserve its resources rather than to pay out cash..
There are two types of insider trading. The first type occurs when someone trades shares at the stock exchange based on crucial information about the company which the public do not yet know. This is illegal regardless of whether you are a director, broker, friend or family member of an insider. The second is legal and occurs when an insider buys such shares but after the crucial information has been made public at which time there is no direct advantage over other investors..
This is an organization that invests sufficiently large amounts of money in shares and bonds. Examples of institutional investors include mutual funds, unit trusts, insurance companies and pension funds..
The buyer of a cum-rights share is entitled to subscribe to the forthcoming rights issue announced by the company..