Regulatory Alerts2013-10-11
Added · Updated
Increase of minimum number of public shareholders on the Diri Savi Board
The Securities and Exchange Commission of Sri Lanka directs the Colombo Stock Exchange to amend Rule 2.1.3 c of its Listing Rules regarding the Diri Savi Board. The amendment establishes a requirement that at least 10% of total shares must be held by a minimum of 200 Public Shareholders at the time of listing. This directive is effective immediately and applies to all methods of listing on the Diri Savi Board.
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