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Requirements for Exceptional Transfers at DSM’s Legal Department
1.Family Transfers between Fathers, mothers, sons, grandfather, grandmother, brothers, half brother and spouses.
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Presence of the shares owner personally, if he is of maturity age (18 years).
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Presence of the father if the shares owner is minor.
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Attachment of copies of ideality cards, birth certificates and original and copies of the powers of attorney.
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Attachment of Proof of the relevant family relationship.
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Copies of the birth certificates in cases of transfers between father and sons, grandmother and grandsons, half brothers and a copy of the marriage contract or the passport in case the passport bears the name of the husband for transfer between the spouses.
2.Hereditary Transfers
3.Other Exceptional Transfers
Transfer of shares between the shareholders of the company or between the company and its branches.
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An application from the transfer of shareholder if the transfer is of his own shares, and from all shareholders if the transfer is from the company’s name.
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The Commercial Registration of the company and a copy thereof.
Note:
An exceptional transfers will not be carried out unless the abovementioned requirements are satisfied and the prescribed Commission being: (0.00055) of the shares value on the basis the closing price of the of previous day.
1. If the value of the shares is QR (100.000) the commissions will be QR(55) |