Household Share Transfer and Heir-Claim-on-Investor-Death Postponed Amidst Covid-19 Fears

The transfer of shares between household members and the transfer of authority to the heir after the death of an investor are both postponed until further notice.

In a notice issued by CDS and Clearing Limited, it is mentioned that this new rule has been brought in accordance with the government's instruction to put off any non-essential activities because of the Covid-19 activities.

Since the righteous heir or the participants of a share transfer have to be physically present for the procedure, the activities are temporarily terminated in order to prevent physical gathering during operation.