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Sri Lanka Equity Forum » Stock Market Talk » CSE RULES OF COMPANY ANNOUNCEMENTS.

CSE RULES OF COMPANY ANNOUNCEMENTS.

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1 CSE RULES OF COMPANY ANNOUNCEMENTS. on Sat Mar 11, 2017 11:42 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
CAN ANY MEMBER OF THIS FORUM EXPLAIN., ACCORDING TO CSE RULES, IS THERE ANY TIME LIMIT FOR COMPANIES TO EXECUTE THE ANNOUNCEMENTS SUCH AS AMALGAMATIONS, RIGHT ISSUES, SPLITS AND ALSO SALE OF THEIR PROPERTIES ( LANDS ) COZ WE AS TRADERS GET COUGHT TO THESE ANNOUNCEMENTS. FOR EXP.

THERE WAS A ANNOUNCEMENT SOME TIME AGO FROM PHAR OF THEIR LAND SALE. WITH THAT ANNOUNCEMENT PHAR WENT UP TO 1200/= BUT STILL NOT THAT SALE TOOK PLACE, 

CITK, CITW WITH CITH  MADE AN ANNOUNCEMENT OF SOME AMALGAMATION. SHARE PRICE WENT UP DOUBLE THE PRICE OF THE PRESENT TRADING PRICE., BUT STILL NOT EXECUTED.

AND ALSO RIGHT ISSUE ANNOUNCEMNETS SOME COMPANIES ARE TAKING LONG A PERIOD OF TIME TO ANNOUNCE THE DATE.

MY QUESTION IS WHAT THESE REGULATORS ARE DOING ON THESE MATTERS. WAITING  FOR YOUR VALUABLE COMENTS PLEASE Question Question Question Question .....

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