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