Shareholder registry management
- Instant registry keeping and recording.
- Daily archiving of records at close.
- A printable digital copy.
Services
Join the Hefth community, built for leading companies
At Hefth, we believe that documenting shareholder rights is the cornerstone of a joint-stock company's stability. That is why we reinvented the shareholder registry model: we don't impose burdensome annual fees or mandatory subscriptions – that is what sets us apart.
Through our innovative model (Pay as you Go), our clients set up a digital shareholder register free of charge and pay only when they use one of our advanced capital and registry tools, such as (but not limited to) dividend capitalization, heirs' transfers, board and committee meetings, and assemblies. Hefth is your technology partner for full compliance with the Companies Law and absolute legal accuracy.
Hefth services for closed joint-stock companies
Shareholder information and e-certificate
- Search by national ID / Iqama number.
- Create an ownership certificate.
- View all shareholder information and share status.
Share transfer
- Direct transfer between two parties.
- Instant recording once the parties approve.
- A log of all recorded transactions.
Heirs' share distribution and transfer
- A fully automated process that eases the procedures.
- Easy transfers without obstacles.
Suspending company shares
- General or specific suspension.
- Block dealings during material procedures or announcements.
Shareholder notification
- Send a specific message to a specific shareholder.
- Confirmation and documentation of delivery.
Announcements
- Announce company news and publish it on the Hefth website.
- News reflected in the company's profile in the apps.
Financial statement publishing
- Publish internal interim or audited annual statements.
- Publish to shareholders only or to the public.
Assembly management
- Invite shareholders to general or private assemblies.
- Digital voting with instant results.
Board management
- Full governance when appointing the board.
- Digital voting in meetings or by circulation.
Committee management
- Appoint committees with full governance.
- Digital voting and guest invitations.
Board and committee documents
- Keep and share minutes and resolutions.
- Control who can view and share.
Dividend distribution
- Fully automated (amount / entitlement / distribution date).
- Deposited into shareholders' digital accounts.
Company documents update
- Update and manage company documents.
- Update company documents instantly.
Capital management
- Capital increase / reduction through partners.
- Issuances / sukuk through partners.
Preferred / redeemable shares registration
- Preferred and redeemable shares recorded in the register.
- A separate program for each issue.
Employee loyalty program
- Treasury share purchase / issuance.
- Employee grant and option orders.
Pledge
- Pledge shares owned by the company.
- A detailed view of all past pledges.
E-signatures and contracts
- Sign minutes and resolutions electronically.
- Issue share transfer contracts and sign them electronically.
Account security
- Biometric sign-in and two-factor verification.
- Trusted device registration for every user.
Par value change
- Split or consolidate shares by changing the par value.
- Capital, cap table and each shareholder's shares update instantly.
Bonus share issue
- Capitalize profits or reserves and distribute bonus shares to shareholders.
- Capital, cap table and each shareholder's shares update instantly.
Virtual meetings
- Hold board and committee meetings remotely.
- Invite guests and advisers to the meeting.
Meeting scheduling and reminders
- Schedule board, committee and assembly meetings.
- Automatic reminders to members before every meeting.
AI-written minutes
- Record meetings and keep their files.
- Option to have AI draft the minutes automatically.
Analytics and lists
- A dashboard showing ownership, transactions and meetings.
- Lists you can export at any time.
Transfer approval and company restrictions
- An approval workflow for share transfer requests before they are recorded.
- Restrictions the company sets on transfers.
Platform training
- Training for the company's team on using the platform.
- Training sessions for the board and executive management.
App integration
- Hefth's own app for shareholders, plus links to partner apps.
- A system built to link with many apps, not just one.
Internal market listing
- List the company's shares for trading between investors on the internal market.
- Under Exit Finance's authorization from the Capital Market Authority.
Administrative support and compliance
- Hefth provides administrative support and Companies Law advisory.
- Raising compliance with the Companies Law.
Flexible plans and costs
Free digital registry setup. Flexible payment plans.