Thai NVDR Co., Ltd. (Thai NVDR) has therefore made use of the new technology to facilitate securities holders in various areas. The Digital Subscription System (DSS) has been developed and recently launched for the subscription and/or conversion rights of NVDR to cope with increasing volume resulting from the capital increase of listed companies. DSS development has been approved by The Securities and Exchange Commission.
Under the above new process, the NVDR holders may place the orders to subscribe for the NVDRs through your Brokers or Custodians as the following steps:
- the NVDR holders may place the orders to subscribe for the NVDRs and shall deliver the subscription forms, cheque, or transfer payment slip, including the relevant documents of the NVDR holders (If any) to your Brokers or Custodians in accordance with the rules and conditions or their policy as prescribed by Brokers or Custodians.
- When the Brokers or Custodians receive such order, they will collect the subscription forms, cheque, or transfer payment slip, including the relevant documents (If any) of the NVDR holders. Also, they will keep such documents for further evidences. In addition, Brokers or Custodians may request further documents from the NVDR holders in accordance with the rules and conditions or their policy as prescribed by the Brokers or Custodians.
- The Broker or Custodians will remit fund to the Target Company within the specified date on behalf of the NVDR holders. The payment shall be made in full amount in one time and the payment procedure shall be specified by the notice on case by case basis.