{"id":1709,"date":"2023-01-04T13:35:45","date_gmt":"2023-01-04T13:35:45","guid":{"rendered":"https:\/\/candrgroup.co.ke\/?page_id=1709"},"modified":"2023-03-16T05:32:35","modified_gmt":"2023-03-16T05:32:35","slug":"data-processing-services-corporate-actions","status":"publish","type":"page","link":"https:\/\/candrgroup.co.ke\/services\/data-processing-services-corporate-actions\/","title":{"rendered":"Data Processing Services; Corporate Actions"},"content":{"rendered":"\t\t
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Data Processing Services; Corporate Actions<\/h3><\/div>
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C&R has the strongest data processing credentials in the Market. In all our projects we commit to 100% timelines with zero variance data processing.\u00a0<\/p><\/div>

Equity capital markets raising activities require companies to devote a substantial amount of time and resources for the transaction to be successful.\u00a0 C&R provides value added services in the areas of data processing management for new equity issues, e.g. IPOs, new Listings, Rights Issues, Bonus Issues. C&R\u2019s track and market record in provision of these services is unparalleled.<\/p>

C&R has the strongest data processing credentials in the Market. In all our projects we commit to 100% timelines with zero variance data processing.\u00a0\u00a0 Our processes can manage varying size transactions.\u00a0 C&R was the data processor for the largest Rights Issue to-date in the industry, i.e. for Kenya Airways PLC.<\/p>

C&R has a history of introducing processing firsts in the markets through our processing diligence aimed at ensuring integrity in our operations as both a data processor and shares registrar.\u00a0 It is the norm in the industry to use Batch Header Control Form for submission of application forms to allow for smooth acknowledgement and reconciliation of submitted application forms.\u00a0 This was an initiative introduced by C&R to manage the size and complexity of the Kenya Airways Rights Issue, which has now been adopted by the market.<\/p>

We have a history of introducing processing firsts for efficiency, integrity and reconciliation purposes.<\/p>

In 2018, C&R advised and processed the first convertible debt to equity transaction in the capital markets industry, which required a subdivision, consolidation and cancellation of existing shares to adjust the par value before issuance of the new shares for convertible loan.<\/p>

Our services include:<\/p><\/div><\/div><\/div><\/div>\r\n\t\t<\/div>\r\n\t\t\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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