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


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» The war in Ukraine is no longer shocking the wheat market
by ResearchMan Yesterday at 12:44 pm

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by cseguide Yesterday at 11:34 am

» Analysis: China casts giant shadow over emerging nations' chase for debt relief
by ChooBoy Yesterday at 7:38 am

» In STOCK MARKET despite all odds, there is always hope. Never ever give in nor give up.
by atuts Sun Jul 03, 2022 2:14 pm

» India raises import tax on gold to support rupee and amid trade deficit
by ResearchMan Sat Jul 02, 2022 2:09 pm

» When will supply chain disruptions ease?
by ResearchMan Sat Jul 02, 2022 9:57 am

» Expolanka to continue its winning streak
by samaritan Fri Jul 01, 2022 4:12 pm

» Govt gets its priorities wrong
by samaritan Fri Jul 01, 2022 10:25 am

» Ambassador assures U.S. support to Sri Lanka to find solutions to economic issues
by samaritan Fri Jul 01, 2022 10:16 am

» IMF-Sri Lanka bailout talks end without a deal
by ChooBoy Fri Jul 01, 2022 9:16 am

» Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch
by CHRONICLE™ Fri Jul 01, 2022 8:11 am

» Sri Lanka needs to do more on debt restructuring before a bailout package is finalised, says IMF
by CHRONICLE™ Fri Jul 01, 2022 8:06 am

» Global COVID cases rise as BA.4 and BA.5 expand
by samaritan Fri Jul 01, 2022 7:04 am

» We’re seeing a shift toward international and value stocks, says Schwab’s Kleintop
by target1 Wed Jun 29, 2022 2:40 am

» Wall Street stumbles as consumer pessimism stokes growth fears
by target1 Wed Jun 29, 2022 2:34 am

» Free Market Capitalism vs. Crony Capitalism
by target1 Wed Jun 29, 2022 2:30 am

» Sri Lankan corporations reap large profits as workers and rural toilers face poverty and starvation
by CHRONICLE™ Tue Jun 28, 2022 6:37 pm

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by God Father Tue Jun 28, 2022 6:13 pm

» Derana 360 with Minister Dhammika Perera
by samaritan Tue Jun 28, 2022 1:07 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Tue Jun 28, 2022 9:24 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™ » CORPORATE CHRONICLE™ » no more delist- no more split

no more delist- no more split

+3
fireshelter
Gainer
man123
7 posters

Go down  Message [Page 1 of 1]

1no more delist- no more split Empty no more delist- no more split Thu Mar 03, 2016 7:49 pm

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

No more de-list- No more Split

SEC reconsiders minimum public float rule: CSE


http://www.lankabusinessonline.com/sec-reconsiders-minimum-public-float-rule-cse/#comment-4211

Sri Lanka’s securities regulator is reconsidering the minimum public float rule as the intention of introducing such rule was not met, ‎a senior official at the CSE said.

Chief Executive Officer at the Colombo Stock Exchange Rajeeva Bandaranaike said the intention of introducing the minimum holding rule was to encourage the public float.

“The intention was good, but companies really did not choose to divest. Instead some companies choose to demote themselves to Diri Savi board and some others choose to de-list,” Bandaranaike said.

Few companies have already de-listed and several others have transferred to the secondary Diri Savi Board following the introduction of new rules.

“The regulator is looking at it right now and there is a strong possibility that they reconsider the rule. Right now most of the companies have been given extension of one year.”

Bandaranaike was speaking at the capital market conference 2016 organized by UTO Edu Consult.

The securities watchdog brought in the new rules that are applicable to all public listed entities which have their equity listed on the CSE effective from 01 January 2014.

As per the minimum public holding rules, there are two ways to get listed on the main board of the Colombo Stock Exchange.

One option is that a listed entity on the main board should maintain a minimum public holding of 20 percent of its total listed ordinary voting shares in the hands of a minimum of 750 public shareholders.

Second option is that a market capitalization of 5 billion rupees of its public holding in the hands of a minimum of 500 public shareholders while maintaining a minimum public holding of 10 percent.

To list on the secondary DiriSavi Board, a company should maintain a minimum public holding of 10 percent of its total listed shares in the hands of a minimum of 200 public shareholders

2no more delist- no more split Empty Re: no more delist- no more split Thu Mar 03, 2016 10:21 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

SEC should be reconcider bcoz very low number of public investors in the market.

Who will buy ? how can increase the public holding ? not possible SEC not possible.

even 100 shares very hard to sell in this bloody market.

Only possible minimum public holding 5% and minimum number of  public shareholders 100

only lessthan 1000 active investors in the market.

Before THILAK more than 25,000 Active investors

After THILAK less than 1000 Active investors.

3no more delist- no more split Empty Re: no more delist- no more split Thu Mar 03, 2016 10:52 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Twisted Evil Twisted Evil Twisted Evil Thilak

4no more delist- no more split Empty Re: no more delist- no more split Fri Mar 04, 2016 12:30 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

F**** !  

What will happen to our illiquid share collectors ?

No policy no steadiness  no aim no no no all no

If you work on a policy all of sudden they will change it and you will be finished.

වැල යන අතට මැස්ස ගහන කාලයක්.


NOte : I have only Equity one and MPRH , thankfully they have almost done the delisting . විකුන ගන්න බැරුව ඉන්න කාලෙ අන්තිමට  ඩී ලිස්ට් කරන එකෙත් වටිනාකමක් ආව​.!

5no more delist- no more split Empty Re: no more delist- no more split Fri Mar 04, 2016 2:03 pm

dennam jambu


Senior Equity Analytic
Senior Equity Analytic

මේ හරකුන්ට කීව ගොඩක් දෙනෙක් පරන ලිස්ට් ක්රලා තියෙන ඒවා නැතිව අලුත් ලිස්ට් කරන ඒවාට විතරක් දානන ඔය නීතිය  කියල.අපිට තේරෙනවා මේ පරණ ඒවාට දාල හරි යන්නේ නේ අඉන් කර ගන්නවා විතරය් කියල. අපිට තේරෙන දේ මෙයාලට තේරෙන්නේ නැ.

6no more delist- no more split Empty Re: no more delist- no more split Fri Mar 04, 2016 2:08 pm

EquityChamp

EquityChamp
Moderator
Moderator

Gainer wrote:SEC should be reconcider bcoz very low number of public investors in the market.

Who will buy ? how can increase the public holding ? not possible SEC not possible.

even 100 shares very hard to sell in this bloody market.

Only possible minimum public holding 5% and minimum number of  public shareholders 100

only lessthan 1000 active investors in the market.

Before THILAK more than 25,000 Active investors

After THILAK less than 1000 Active investors.
You with Jana has to lobby against this in SEC, don't you think so?Very Happy

7no more delist- no more split Empty Re: no more delist- no more split Tue Mar 08, 2016 2:57 am

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Doesn't matter ... as an illiquid stock it never goes down. 

even now also I am very safe because my PF filled by illiquid stocks. So still My PF in Green

and I made good money with them so many times..

Now CPRT ..SLND.. EQIT.. NEH.. OFEQ.. all will make good gain for me 

specially CPRT will make double money in mid term or short term with out any doubt

Back to top  Message [Page 1 of 1]

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