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» Can anyone explain ?
by Neluka Karannagoda Today at 12:04 am

» WELCOME MANGALA
by kovida Yesterday at 10:00 pm

» VFIN DIVIDEND
by Harry82 Yesterday at 8:14 pm

» KZOO ANY IDEA OF THE PRICE BEFORE RIGHTS?
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» BPPL Moving on
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» Advice need on PCP.N
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» Hotels will become active
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» SFIN UPDATE
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» BPPL - Sell your headache
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» LOFC Chart 28.04.2017 (weekly chart)
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» WATA next target
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» Finance Minister Change
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» Why AINV.N not move
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» People's Leasing Company
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» TJL,LIOC,KAPI,MGT,DOCK
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» AINV.N and PCHH.N
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» HVA - HVA FOODS PLC
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» DIPD DIPD go 100/=
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» BLI Quarterly Results
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» COMB selling
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» HEXP annual EPS Rs.33.41 and NAVPS is Rs.92.17
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» SRI LANKA FINANCE SECTOR - HOLD - Mar 2017 - FC Research
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» Sampath Bank PLC - A giant awakening
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» Collect Collect
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» Sri Lanka studying property loans, SME credit leakages: Central Bank Governor
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» Teejay Jersey Lanka PLC - Depreciated Rupee had a very positive impact
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» Reason behind PCHH.N
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» Profit-takings by blue chips
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» AFSL update...
by fortuneteller Tue May 23, 2017 10:26 am

» New CSE Chief upbeat; to accelerate capital market development - See more at: http://www.ft.lk/article/617155/New-CSE-Chief-upbeat--to-accelerate-capital-market-development#sthash.5uzdNQzm.dpuf
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» SFIN _DIVDEND
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» KEEP EYE ON TESS
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» KUMATA MERATA ADIKANANAYA POLISIYA HA WINISURAN ?
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» SERA, Seen eka
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» NIFL VS TFIL WHO RUN THE SHOW?
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» At least 30 % return within 30 days
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» NIFL RACE FINISH
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» VFIN target price -- Rs 80.00 within 2 months
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» GRAN @ 65 Technically
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» NIFL RACE FINISH
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» kZOO why Drop
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» Penny fiesta
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» VFIN.. is a Gem
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» GRAN Future
by DS Wijesinghe Fri May 19, 2017 5:54 am

» BLI for june
by fireshelter Fri May 19, 2017 12:52 am

» WHY GSP PLUS SHARES ARE COMING DOWN?
by reyaz Thu May 18, 2017 11:15 pm

» Why COCO still silent
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» Wait there will be a chance to collect
by prabath Thu May 18, 2017 7:47 pm

» HEXP, WHAT IS BEHIND THE SCREEN
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» NIFL TRADING PRICE
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» KZOO BEST PRICE
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» ASI will reach to it's ever high due to all the positive economic achievements ....
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» MPORTANT ANNOUNCEMENT REGARDING DATA ON CSE WEBSITE
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» HEXP will hit 100/= rs.
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» Sell Poultry stocks....
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» GRAN.N000 Below 65/=
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» චීන - ලංකා නිදහස් වෙළඳ ගිවිසුම මේ වසරේ දී
by kcrRanz Wed May 17, 2017 10:07 am

» GSP+ හරහා වාර්ෂිකව යූරෝ මිලියන 300 ක්
by kcrRanz Wed May 17, 2017 10:05 am

» HEXP NAVPS - 91/= EPS - 32/= . Any dividend ?
by kcrRanz Wed May 17, 2017 9:56 am

» GSP+ be effected from May 19.
by worthiness Wed May 17, 2017 9:39 am

» Is it ? What's your comments?
by PrasannaMani Wed May 17, 2017 8:54 am

» Very Soon ,Very Soon....LCEM
by sureshot Wed May 17, 2017 5:35 am

» FLCH Browns Capital
by Yahapalanaya Wed May 17, 2017 4:04 am

SAITM IPO coming next ?

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SAITM IPO coming next ?

Post by sureshot on Mon Apr 24, 2017 7:20 am

The steps that have been taken to list SAITM (South Asian Institute of Technology and Medicine) in the Colombo Stock Exchange (CSE) in response to the ongoing wave of protests spearheaded by the GMOA will not be the solution to the crisis, stock market analysts said.

"Broad basing the ownership of the institute will not prove a solution, without changing the model of SAITM when enrolling students to the medical faculty and without giving proper clinical training to such students, a stock market analyst told The Island Financial Review.

President Maithripala Sirisena, Higher Education and Highways Minister Lakshman Kiriella and Health Minister Dr Rajitha Senaratne last week briefed the media regarding ongoing efforts to address concerns of the GMOA, undergraduates and other stakeholders.

A reason for the opposition to SAITM is the sole proprietorship exercised over the institution and directing SAITM to list on the Colombo stock market to broad-base ownership is the real solution to the issue, stock market sources said.

'Even ordinary people can invest in SAITM if they want to, President Maithripala Sirisena told the media last week.

Health Minister Dr. Rajitha Senaratne, who was with the President, said a similar strategy will be pursued with two other medical college ventures proposed by the famous Monash University of Australia, with an investment of $ 1.3 billion and Manipal University.

President Sirisena said SAITM had also been directed to set up a professional and competent Board of Governors as practised by international institutions. Furthermore, SAITM will be required to increase its number of scholarships as well as revise its fees.

These new measures are in addition to previously announced decisions on the SAITM issue including requiring students of SAITM to face a test to be conducted under the supervision of the Sri Lanka Medical Council and the University Grants Commission, clinical training at state hospitals in Homagama or Avissawella and taking over the Dr. Neville Fernando Hospital to be operated as a Teaching Hospital.

The President said 75,000 to 85,000 Sri Lankan students go abroad annually for higher education and if there were private institutions in Sri Lanka it would be a great relief to them as the cost would be much less.
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Re: SAITM IPO coming next ?

Post by ice4083 on Mon Apr 24, 2017 9:17 am

politicians, especially in the incumbent government seems to pick up trendy words like parrots these days and use it in their speeches without knowing the meaning

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Re: SAITM IPO coming next ?

Post by reyaz on Mon Apr 24, 2017 12:23 pm

ice4083 wrote:politicians, especially in the incumbent government seems to pick up trendy words like parrots these days and use it in their speeches without knowing the meaning
Actually whats happening is politicians are fooling the masses by tactically using those words. But I agree with you to a certain extent to the limit where ata pass idiots dont know half the thing they say on stage!
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Re: SAITM IPO coming next ?

Post by soileconomy on Tue Apr 25, 2017 7:03 pm

Rajitha Senarathna and Luxman Kiriella are handling the marketing campaign on behalf of SAITM.
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