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Sri Lanka Equity Forum » Stock Market Talk » Risk of top 20

Risk of top 20

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1 Risk of top 20 on Thu Dec 07, 2017 7:11 pm

TuTanKaman


Senior Equity Analytic
Senior Equity Analytic
Is there are a risk in being top 20 shareholder. Will that trigger mandatory offer?
Also if someone buy more shares as a percentage in a given day should he make disclosure in CSE? For advise pls

2 Re: Risk of top 20 on Thu Dec 07, 2017 7:56 pm

Yahapalanaya

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Vice President - Equity Analytics
Vice President - Equity Analytics
@TuTanKaman wrote:Is there are a risk in being top 20 shareholder. Will that trigger mandatory offer?
Also if someone buy more shares as a percentage in a given day should he make disclosure in CSE? For advise pls
Not top 20 share holder.You have to make madatory offer if you purchase 30% or more of that share.

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