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Sri Lanka’s Wealth Trust issues statement on error trade on its CSE debut

ECONOMYNEXT – Sri Lanka’s Wealth Trust Securities says the error share trade on its debut on the Colombo Stock Exchange had nothing to do with the firm or its pre-IPO shareholders. “The Company further confirms that no shares have been sold by pre-IPO shareholders in the market,” the firm said in a statement. “There is no impact on the Company’s fundamentals, operations, or previously disclosed information.” “We urge the Capital Market Regulatory Authorities to investigate and act on this incident to ensure prevention of similar market disruptions in the future.” The CSE halted trading and cancelled all trades on Wednesday…

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