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Half investors with MTRC duplicates get valid scrip

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More than half the subscribers who received invalid certificates for shares in the Mass Transit Railway Corp (MTRC) have exchanged the certificates for new, valid scrip.

According to Central Registration, the organisation that printed and distributed the share certificates, about 58 per cent of the holders of invalid, duplicate MTR share certificates have handed them in.

During the three days to yesterday, 817 holders of duplicate certificates received new valid scrip.

In addition, 59 holders of non-duplicated but affected share certificates have also exchanged their scrip.

A total of 876 holders, or 58 per cent of the 1,508 affected, have received new certificates.

That means 632 investors have still not exchanged the dud certificates for new valid scrip.

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