ECONOMYNEXT – Sri Lanka’s Securities and Exchange Commission (SEC) has approved amendments to the Colombo Stock Exchange (CSE) listing rules to provide greater flexibility regarding the minimum public holding (MPH) requirement for companies listing through the introduction method, the regulator said. The flexibility is given to boost the share liquidity in the market under its one of 12 key strategic initiatives, the SEC said. “The amendments reflect a joint effort by the SEC and CSE, underscoring strong collaboration between the regulator and the Exchange to address evolving market needs while maintaining market integrity, transparency, and investor protection,” the SEC said…
Sri Lanka’s SEC eases minimum public holding rules to boost liquidity
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth
