FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post

Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» LAUGFS GAS PLC (LGL.N0000)
by Wickyz Today at 2:06 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by EPS Today at 1:16 pm

» Sri Lanka’s 213 billion rupee money printing to repay foreign debt: Treasury Secretary explains
by CITIZEN Today at 11:25 am

» Oman shows interest in SLAF HQ land and Chalmer’s Granary
by dayandacool Today at 11:03 am

» HVA FOODS PLC (HVA.N0000)
by prabath Today at 10:05 am

» EXPOLANKA HOLDINGS PLC Interim Financial Statements quarter ended 30th June 2021
by mah2903 Today at 2:59 am

» ලාභ ගන්න කොටස් වලින් මේක සම්පූර්ණයෙන්ම කියවන්න
by ColomboCSE Today at 12:37 am

» Shares to Buy
by Cma Today at 12:02 am

» Successful investment strategies require an understanding of the forces of stock market nature, and disciplined rules of portfolio management.
by Asoka Samarakone Sat Jul 31, 2021 9:12 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Niwa Sat Jul 31, 2021 8:53 pm

» Directors' Dealings today
by SAGA Sat Jul 31, 2021 6:02 pm

» Top Foreign Trading today
by SAGA Sat Jul 31, 2021 5:59 pm

» CHEVRON LUBRICANTS LANKA PLC (LLUB.N0000)
by Antonym Sat Jul 31, 2021 5:37 pm

» Boga unusual Collection....
by Wickyz Fri Jul 30, 2021 1:14 pm

» MILLENNIUM HOUSING DEVELOPERS PLC (MHDL.N0000)
by jehan008 Fri Jul 30, 2021 1:11 pm

» Sri Lanka FOB prices for black tea highest in the world
by samaritan Fri Jul 30, 2021 12:18 pm

» DPL Take over
by Vishwanarth Fri Jul 30, 2021 12:12 pm

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
by dayandacool Fri Jul 30, 2021 10:09 am

» CITIZENS DEVELOPMENT BUSINESS FINANCE PLC(CDB.N0000)
by engineer Fri Jul 30, 2021 7:06 am

» RENUKA CAPITAL PLC . KZOO.N
by Pbv Fri Jul 30, 2021 12:22 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » State enterprises will be more transparent, if listed – SEC Chief

State enterprises will be more transparent, if listed – SEC Chief

4 posters

Go down  Message [Page 1 of 1]

Sidath

Sidath
Manager - Equity Analytics
Manager - Equity Analytics
Chairman of Sri Lanka’s Securities and Exchange Commission Dr. Nalaka Godahewa says, listing state enterprises will make those firms to follow strict disclosure regulations set by SEC, thus benefiting the general public.
He says, as of now the public do not have a way of knowing the current status of a state enterprise, such as its business dealings and financial status etc, as those are not disclosed publicly.
Godahewa made this statement, while speaking at the “Warana” program, which is hosted by Sirasa TV on Sundays in a bid to create public awareness about stock market investments.
” We are strongly urging the government to list state enterprises, which will help the CSE”, he revealed.
Taking part in the same program, the Chairman of the CSE Krishan Balendra said, currently they are in the process of discussing with both public and private sector companies to pursue them to get a listing.
He said, it is vital for the CSE to get more IPO’s inboard in order to increase the market capitalization of the Colombo bourse, which is very low compared to the regional counterparts.
Balendra believes that the tax concession given for IPO’s via the government’s latest budget proposal too would be a boost for companies to come forward and list on the CSE.

News360.lk

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Listing ( introduction) state entities for transparency : Good call.

Listing more as IPOs during market downs : Bad Call


There is a time for everything.

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Our patriots & trade unions strongly will go against this comment. They will say there’s a hidden plan behind this.

They will say someone is trying to sell state own companies via CSE. Also these already paralysed government sector institutes (except very few) belongs to the future generation so we must protect those.

Yes of course future generation definitely need a malfunctioning government institutes. Efficiency of these companies should not be an issue. Neutral

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
The best option at this stage would be to list one of the banks like Peoples Bank / NSB / BOC followed by SriLankan Catering and Airlines.

This will help to recover losses, clear some mess and bring more order.

Govt will in other ways have less say with listed companies and maybe the cause for the delay.

We saw some hesitation with PLC listing as well and i feel it was done as a trial.

Cheers!

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum