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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Another Director resignation from TWOD.

Another Director resignation from TWOD.

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1Another Director resignation from TWOD. Empty Another Director resignation from TWOD. Mon Nov 18, 2013 3:26 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
http://www.cse.lk/cmt/upload_cse_announcements/7931384766438_.pdf


Another Director resignation from TWOD. Cs10

mark

mark
Expert
Expert
twod nw at 3.10 and awaiting short term upturn, dnt knw hw mkt react tmrw. :-O

ansar


Manager - Equity Analytics
Manager - Equity Analytics
@mark wrote:twod nw at 3.10 and awaiting short term upturn, dnt knw hw mkt react tmrw. :-O
Do you think that that director was a problem for the company?
How can you expect his resignation would give a boost?

sriranga

sriranga
Co-Admin
http://www.ft.lk/2013/11/19/another-touchwood-independent-director-quits/

http://sharemarket-srilanka.blogspot.co.uk/

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Ultimately who is going to hold the can of worms..?

kelumhewage


Manager - Equity Analytics
Manager - Equity Analytics
this is the collection time what ever said and done....reason there are millions of collection held at 4.50 to 5.00 level so have more trading opportunity........cheers 

mark

mark
Expert
Expert
@ansar wrote:
@mark wrote:twod nw at 3.10 and awaiting short term upturn, dnt knw hw mkt react tmrw. :-O
Do you think that that director was a problem for the company?
How can you expect his resignation would give a boost?
hi ansar, directors are come and go, so not much special there. I was waiting a upturn due to that it was beaten hardly until 3.10, now here we got the turn Smile

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Touchwood takes new turn



Published on Tuesday, 19 November 2013 07:59



The beleaguered Touchwood Investments Plc is preparing to change its name as well for a round of jobcuts, reports say.


However, economic experts warn that the company is attempting to change the name as a tactic to deceive its investors.
Meanwhile, Touchwood PLC yesterday (Nov. 18) has informed the CSE that L.L. Kulatunga, the only chartered accountant at the company Director Board has resigned from his post.
The notification has cited that Mr. Kulatunga, who is 70 years of age, has resigned due to health reasons.
However, speaking to media, Touchwood PLC Chairman Lanka Vijendra Kiwlegedara has said that internal audits of the company are being conducted under a Finance Director.
The company is being run under dire financial conditions with its 64 member staff being paid only minimum salaries at the moment, Kiwlegedara has said.
The Securities & Exchange Commission of Sri Lanka is currently conducting a probe on the company.

http://www.srilankamirror.lk/news/11851-touchwood-takes-new-turn

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