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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » ADAM Sale of PCP - Anything Illegal?

ADAM Sale of PCP - Anything Illegal?

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1ADAM Sale of PCP - Anything Illegal? Empty ADAM Sale of PCP - Anything Illegal? Fri Aug 08, 2014 3:36 pm

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics
Takeover and Merger Code:
Section 29.
(1) During the offer period the parties to the transaction (except in a partial offer) and their associates shall be free to trade subject to daily disclosure to the Stock Exchange and the Commission (not later than 12 noon on the dealing day following the date of the relevant transaction) of the total number of shares of any offeror or offeree company purchased or sold by such offeror or offeree or their respective associates for their own account on any day during the offer period and the price at which such shares were purchased or sold.
(2) All purchases and sales of shares of any offeror or offeree company made by any associate on behalf of any investment client who himself is not an associate shall be reported to the Stock Exchange and to the Commission.

Read the Takeover and Merger Code and find out yourself.

2ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Fri Aug 08, 2014 4:20 pm

Niroshana1982


Equity Analytic
Equity Analytic
@Sstar wrote:Takeover and Merger Code:
Section 29.
(1) During the offer period the parties to the transaction (except in a partial offer) and their associates shall be free to trade subject to daily disclosure to the Stock Exchange and the Commission (not later than 12 noon on the dealing day following the date of the relevant transaction) of the total number of shares of any offeror or offeree company purchased or sold by such offeror or offeree or their respective associates for their own account on any day during the offer period and the price at which such shares were purchased or sold.
(2) All purchases and sales of shares of any offeror or offeree company made by any associate on behalf of any investment client who himself is not an associate shall be reported to the Stock Exchange and to the Commission.

Read the Takeover and Merger Code and find out yourself.

i cat follow u

3ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Fri Aug 08, 2014 8:25 pm

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics
I am checking with my lawyer. www.mylawyer.lk

4ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Fri Aug 08, 2014 9:32 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@Sstar wrote:I am checking with my lawyer. www.mylawyer.lk
අප්පට සිරි

5ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Fri Aug 08, 2014 10:37 pm

stockboy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
SEC will take stern action against adams by next week

6ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Sat Aug 09, 2014 2:16 am

Eng Krishantha

Eng Krishantha
Expert
Expert
@Sstar wrote:I am checking with my lawyer. www.mylawyer.lk

Really good..

7ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Sat Aug 09, 2014 7:51 pm

Chanuque

Chanuque
Manager - Equity Analytics
Manager - Equity Analytics
There will not be any case as they have played everything within the T & M Code. But, they have honorary membership for the rotten board members club for their reputation. Stay away from the other PLCs where these bad blood idiots are board members ..

8ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Sat Aug 09, 2014 8:02 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@Chanuque wrote:There will not be any case as they have played everything within the T & M Code. But, they have honorary membership for the rotten board members club for their reputation. Get away ASAP from the other PLCs where these white collar crooks are board members ..
When i saw his picture i knew this individual was up to no good.......

I told not to buy AINV hardware shop company from the IPO..... you see what he has done to the Retailers and others...

I am glad i did not be a part or a victim of his dirty games.

Relieved
SHARK  Smile

9ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Sat Aug 09, 2014 8:06 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
These fellows new the game from the beginning and played it till the end really smart with outside support as well ......

you need to distance from those individuals.....

dont trust them at all ......

SHARK

10ADAM Sale of PCP - Anything Illegal? Empty Re: ADAM Sale of PCP - Anything Illegal? Sat Aug 09, 2014 9:28 pm

Captain


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
SHARK wrote:These fellows new the game from the beginning and played it till the end really smart with outside support as well ......

you need to distance from those individuals.....

dont trust them at all ......

SHARK


True

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