I already sent a E.Mail and waiting for the reply. The E.Mail which I sent as below:
Chief Executive Officer,
C/O Head of Legal,
Colombo Stock Exchange,
TRADING SUSPENSION OF KALPITIYA BEACH RESORT (CITK) SHARES
After I retired from my Employment, I invested all my savings with Colombo Stock market, thinking that my money will be safe with Colombo stock exchange supervision., and I bought some shares of CITK prior to their EGM on 3rd July 2017, I was induced to buy this share after studying their amalgamation announcement., just after the EGM this share Trading was suspended, but up to now the Trading halt is not lifted, as such we are stuck with the limited amount of money we had., when I contacted the Company about the delay they said they have finished all the necessary documents and sent it to Colombo Stock Exchange on the 17th of July, for the final approval and still waiting for the approval. So the delay is with CSE.
I just wanted to know why the delay for the approval, is there any issue on this matter, if so why the CSE has not taken any action when they announced the amalgamation process. I am asking these because there are many small investors like me got stuck and waiting for a action.
With these kind of delays, we are losing confidence with the Colombo Stock Market, and keep on leaving from the market.
I hope you will answer for the above and clear my doubts and safeguard our hard earn money.