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DSL
gilardino
#1 Posted : Wednesday, March 25, 2009 9:01:00 PM
Rank: Member


Joined: 3/24/2009
Posts: 3
Hi,

I need some urgent advice. I had bought some stocks from DSL and sometime in Nov decided to transfer to another stock broker. They in turn told me to come sometime in Jan to collect them which i did but instead they started givin me excuses that its hard to get the directors to sign the required forms. I started following them very week but they gave me the same response. Two weeks ago i went again n was told they r closed. I heard from other sources that they hve closed down completely and the staff i was dealing with have been sacked. Wat i need to know is:

(1) Hve they really shut down?

(2) If they hve how do i recover ma investment and how do i go about it?


Mainat
#2 Posted : Thursday, March 26, 2009 4:28:00 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Almost closed or will be by mid-next week. You need to get yourself to CMA and file a claim.
Pronto.

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
festom
#3 Posted : Thursday, March 26, 2009 5:35:00 AM
Rank: Member


Joined: 8/15/2008
Posts: 84
Which part of kenya are you living in?? Since october 13 2008 Kpmg took over the running of dsl and true,the directors were not authorised to transact any business

KPMG have now taken over as reciever managers,They closed DSL for 14 days(10working days) to reorganise themselves and will be reopenning the doors this coming monday 30/03/2009 for the next six months to allow you to transfer your investments. and pay those owed money upto 100k.

the managers can be reached at zsheikh@kpmg.co.ke and pkahi@kpmg.co.ke or tel +254 02 2806000. hope this helps




Don't sit and wait - look for the next opportunity
ddsimiyu
#4 Posted : Thursday, March 26, 2009 8:27:00 AM
Rank: Member


Joined: 1/8/2007
Posts: 116
Location: Kampala
You don't need visit CMA at this point. Receiver managers will transfer the shares. What you have are shares and they are not property of DSL.

Desiderious
gilardino
#5 Posted : Friday, March 27, 2009 8:57:00 PM
Rank: Member


Joined: 3/24/2009
Posts: 3
Thanks...will check on dem on Monday!!
jerry
#6 Posted : Sunday, March 29, 2009 4:51:00 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
@festom. Good info. Any1 who knows if upcountry branches will be open from 2morrow? I've some KCB which I need to transfr b4 books close.

Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land.
The opposite of courage is not cowardice, it's conformity.
ddsimiyu
#7 Posted : Monday, March 30, 2009 6:06:00 AM
Rank: Member


Joined: 1/8/2007
Posts: 116
Location: Kampala
What are the managers up to?

Desiderious
kanda
#8 Posted : Thursday, April 02, 2009 7:35:00 AM
Rank: Member


Joined: 3/10/2008
Posts: 68
@ Gilardino

I see you are in msa. me too. did you manage to sort it out? any idea if these guys will be open on sato?....really appreciate,man
festom
#9 Posted : Thursday, April 02, 2009 1:19:00 PM
Rank: Member


Joined: 8/15/2008
Posts: 84
All people are being served from a central point. NHIF building Nbi. sorry for the upcountry guys

Check the NSE website for more details


Don't sit and wait - look for the next opportunity
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