pG
pieter G

1 reviews | Active since Apr 2012

11 Feb 2025, 08:46

Very poor communication and violation of POPIA act by JSE Investor Services

After endless e-mails and after all documents were provided the process of selling our shares has not been approved. I was assisting my wife to complete and submitting all the documentation. Upon enquiries whether the documents were received and to inform her when she can call to sell the shares, I got e-mail back that they cannot disclose my wife details to me. My wife then submitted the documentation again from her e-mail. Feedback then was that selfie failed and that a bank detail change form was required. She then resubmitted a selfie and bank details change request. She once again asked that the receipt must be acknowledge and requested to be informed when she can call to sell her shares. Next thing they send a e-mail to another person with the same surname. The person informed us about it but the details of what has been send is unknown to us. I informed them about this violation of the POPIA act and requested that the document must be send again to my wife so that we can take note of the content. Nothing to date, also informed them last week that if we do not get feedback by today, 11 Febr I will report the violation to the relevant compliance body. I am now busy completing the complaint form. The many complaints lodge here on Hellopeter must ring a bell and wake up a manager or two at JSE Investor serices.

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Replies (5)
JSE Investor Services (PTY) Ltd
JSE Investor Services (PTY) Ltd's reply11 Feb 2025, 18:58
Official
Dear Mr  Grundlingh,

We acknowledge receipt of your complaint and advise that your complaint has been forwarded to the relevant department for investigation.

They are investigating the matter, and they will advise you accordingly.

We apologise for any inconvenience caused.

Kind regards
JSE Investor Services Pty Ltd
pG
pieter G's update21 Feb 2025, 13:48
Reviewer Update
Eventually I have been contacted by Mr Al-Kristo on 14 February who did apologise and ensure me that steps wil be taken with reference to the consultant that has been involved,
He also said that an agent will call my wife to get the sales instructions.
An agent call my wife on Friday,14 Febr, and she gave instructions to sell all the OM shares. For the past week I have send e-mails to get confirmation that the sales order was placed as the payout is now overdue.. Also e-mailed Mr Al-Kristo. No reply at all from him nor anyone at JSE Investor Services. I was glad when the sale instruction was given but decided not to give positive feedback until the money is in the bank.
So rating remains 1. Disappointing!

JSE Investor Services (PTY) Ltd
JSE Investor Services (PTY) Ltd's reply21 Feb 2025, 14:20
Official
 Dear Mr  Grundlingh, 

Al-Kirsto will make contact with you shortly.

Regards
JSE Investor Services Pty Ltd

pG
pieter G's update22 Feb 2025, 18:01
Reviewer Update
Glad to report that Mr Al-Kristo called me shortly after I publshed my review and the payment was made just after 18h00. I appreciated his call at 19h40 on 21 Febr to follow up if payment was received.
Kudos Mr Al- Kristo !!!!!!!!!!!!!
Also Kudos for the Hellopeter site, works wonders.
JSE Investor Services (PTY) Ltd
JSE Investor Services (PTY) Ltd's reply24 Feb 2025, 10:42
Official
Dear Mr  Grundlingh, 

Thank you for the feedback.

Regards
JSE Investor Services Pty Ltd