Last Updated : 16-04-2014 21:10

 
 

Stock

SEC urges listed companies to appoint compliance officers

E-mail Print
Sri Lanka’s capital market watchdog, the Securities and Exchange Commission (SEC), urged all public listed companies to appoint an officer for the purpose of monitoring the particular company’s compliance with the SEC regulations.
Views: 5780

Brokers seek permission to close shop temporarily

E-mail Print
Several struggling stock brokers have written to the Colombo Stock Exchange (CSE) requesting permission to temporarily halt their operations mainly due to low activity levels in the bourse, Mirror Business learns.
Views: 6448

Brokers seek permission to close shop temporarily

E-mail Print
Several struggling stock brokers have written to the Colombo Stock Exchange (CSE) requesting permission to temporarily halt their operations mainly due to low activity levels in the bourse, Mirror Business learns.
Views: 6697

India Infoline to exit Lankan stock broking venture

E-mail Print
Nearly two and a half years into setting up of a stock broking arm in Sri Lanka, India’s diversified financial services group, India Infoline Limited (IIFL) is to sell its entire stake to exit the Lankan operations, according to a top company executive.
Views: 6475

SEC mulls ‘independent opinion’ on offer price for future IPOs

E-mail Print
The Securities and Exchange Commission (SEC) has carried out a study to assess the possibility of mandating the justification of the ‘fairness of the Initial Public Offering (IPO) offer price’ by an independent and competent party, an year-end review by the SEC noted.
Views: 6157

SEC amends director dealing disclosure rules

E-mail Print
The capital market regulator, Securities and Exchange Commission (SEC) has issued a directive amending the disclosure requirements on share dealings by directors of listed entities, and these new rules will come in to force from April 01, 2014.
Views: 6330

SEC to amend disclosure rules on director dealings

E-mail Print
The Securities and Exchange Commission is expected to amend the listing rules pertaining to disclosures on director dealings, to chuck out some ambiguities that have fuelled late disclosures by some parties.
Views: 5905

SEC educates Criminal Investigation Department

E-mail Print
The Securities and Exchange Commission of Sri Lanka (SEC) as the regulator of the capital market of Sri Lanka is committed towards promoting, developing and maintaining a capital market that is fair, efficient, orderly and transparent.
Views: 5919

SEC issues directive on minimum free float

E-mail Print
Having conducted three rounds of public consultations, capital market watchdog the Securities and Exchange Commission (SEC) last Friday issued a directive on minimum public float as a continuous listing requirement effective from January 01,2014.
Views: 6268

CSE to implement minimum free float from January

E-mail Print
The capital market watchdog Securities and Exchange Commission (SEC) is likely to issue a directive in early part of next year, setting out rules on the ‘minimum mandatory continuous free floating limits’ for Colombo Stock Exchange (CSE) listed companies, according to a top official.
Views: 5851

SEC tightens related party transaction rules

E-mail Print
The Securities and Exchange Commission yesterday tightened the rules on related party transactions by introducing a detailed best practices code with effect from January 1, 2014, aiming to safeguard minority shareholders and put in place an internal control mechanism in listed firms.
Views: 5799

DEBT LISTINGS: Above investment grade rating becomes mandatory

E-mail Print
The Colombo Stock Exchange (CSE) announcing a series of amendments to listing rules yesterday made it mandatory for debt issues to have ratings one notch above investment grade, and completely shelved Second Board listing of debt issuances.
Views: 5916

Foreign inflows top Rs.23bn

E-mail Print
Stocks ended two-week high yesterday led by diversified shares such as conglomerate John keels Holdings PLC, while foreign inflows also helped boost turnover.
Views: 6061

CSE postpones Singapore roadshow

E-mail Print
The Colombo Stock Exchange (CSE) has postponed its fourth foreign roadshow in Singapore to January 21 next year. The event was previously scheduled for November 28, 2013.
Views: 5982

SEC mulls minimum credit rating for debt issuances

E-mail Print
The Sri Lanka’s capital market watchdog Securities and Exchange Commission (SEC) is currently considering the restriction corporate debt issuances which are coming with below investment grade, according to a top SEC official.
Views: 6151

Separate board to list BoI firms

E-mail Print
Both the Securities and Exchange Commission (SEC) and Colombo Stock Exchange (CSE) are currently working on a project to lure the Board of Investment (BoI) companies into the stock market in a bid to increase the number of listings and market liquidity, according to a top capital market official.
Views: 6143

Stockbrokers write to CSE requesting brokerage fee hike

E-mail Print
Sri Lanka’s stockbrokers have written to the Colombo Stock Exchange (CSE) requesting a hike in the brokerage fees citing financial hardships they are currently undergoing amid relatively low market turnover levels, Mirror Business learns.
Views: 6427

SEC files motion to Touchwood case

E-mail Print

The capital market regulator, Securities and Exchange Commission (SEC) has filed a motion in the Commercial High Court Colombo that’s hearing the winding up application of agro-forestry investment firm Touchwood Investment PLC filed by a creditor of the company, Mirror Business learns.

Views: 7329

CSE mulls minimum 20% free float requirement

E-mail Print
The Colombo Stock Exchange (CSE) is considering the implementation of a minimum 20 percent public float requirement, a top CSE official said.
Views: 2224

“Invest Sri Lanka” investor forum in Hong Kong

E-mail Print
Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) will host the “Invest Sri Lanka” investor forum at the Shangri-La Hotel in Hong Kong today.
Views: 5642

Bourse recovers from 4-month closing low on large cap buying

E-mail Print
Sri Lankan stocks recovered from their lowest level in more than four months yesterday as investors picked up large cap shares such as Ceylon Tobacco Company Plc and Nestle Lanka Plc, but foreign outflows continued for the fourth day.
Views: 1841

Page 1 of 17

  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »
ads
Video: For a blessed year
Fun at Galle Face
'Blood moon'
Happy New Year!
Video: For a blessed year
Fun at Galle Face
'Blood moon'
Happy New Year!