DEFAULT BOARD – TRANSFERRED IN

Agalawatte Plantations PLC The above Company has been transferred to the Default Board with effect from 15th June 2016 due to Non-Submission of Annual report for the year ended 31st December 2015. Blue Diamonds Jewellery Worldwide PLC Mackwoods Energy PLC Entrust Securities PLC The above Companies have been transferred to the Default Board with effect […]

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Notice re lapse of Lanka Rating Agency  Limited (LRA) as a Market Intermediary
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Notice re lapse of Lanka Rating Agency Limited (LRA) as a Market Intermediary

The Securities and Exchange Commission of Sri Lanka (SEC), at its meeting held on the 29th of June 2015, decided that due notice be given to members of the public that, registration of Lanka Rating Agency Limited (LRA) as a Market Intermediary under the category of  ‘Credit Rating Agency’ lapsed on 30th June 2015. Members […]

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EAP clarifies its position on deferment of its proposed debenture
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EAP clarifies its position on deferment of its proposed debenture

EBC received a fax yesterday from the CSE at 11 30 a.m. requesting all its Directors to be present at a SEC Board meeting at 3 15 p.m. Given the short notice, only two of the Directors were able to meet with the SEC, whilst three other Directors sent communications indicating their inability to be […]

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Directive issued by SEC with regard to conflict of interest arising in the EAP Broadcasting Company Limited Debenture Issue

Directive issued by SEC with regard to conflict of interest arising in the credit rating of the debenture issue of EAP Broadcasting Company Limited Source – Directive issued by SEC with regard to conflict of interest arising in the credit rating of the debenture issue of EAP Broadcasting Company Limited EBC DEBENTURE ISSUE

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SEC takes steps to restrain Lanka Rating Agency Ltd from providing new ratings
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SEC takes steps to restrain Lanka Rating Agency Ltd from providing new ratings

The Securities & Exchange Commission of Sri Lanka (SEC) has taken steps to restrain Lanka Rating Agency Ltd from providing new ratings with effect from 25th March 2015 until the company complies with regulatory requirements imposed by the Commission. The Commission took this decision at its 353rd meeting held on 10th March 2015 after deliberating […]

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INORDINATE DELAY IN THE CONSTRUCTION OF THE RESORT HOTEL – CITRUS KALPITIYA

The Securities and Exchange Commission of Sri Lanka (SEC) issued a letter dated 27th April 2015 to the Board of Directors of Kalpitiya Beach Resort PLC expressing concerns on the shareholder circular dated 7th April 2015 released by the Company. The SEC has issued a press release in relation to the matter is as follows: […]

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INORDINATE DELAY IN THE CONSTRUCTION OF THE RESORT HOTEL – CITRUS KALPITIYA

The Securities and Exchange Commission of Sri Lanka (SEC) issued a letter dated 27th April 2015 to the Board of Directors of Kalpitiya Beach Resort PLC expressing concerns on the shareholder circular dated 7th April 2015 released by the Company. The SEC has issued a press release in relation to the matter is as follows: […]

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DIRECTIVE ISSUED TO BOARD OF DIRECTORS OF BLUE DIAMONDS JEWELLERY WORLDWIDE PLC.

DIRECTIVE ISSUED IN TERMS OF SECTION 12(b) AND 13(cc) OF THE SECURITIES AND EXCHANGE COMMISSION OF SRI LANKA ACT NO.36 OF 1987 (AS AMENDED) – ISSUED TO BOARD OF DIRECTORS OF BLUE DIAMONDS JEWELLERY WORLDWIDE PLC. The Securities and Exchange Commission of Sri Lanka (SEC) at its 353rd meeting held on 10th March 2015 deliberated […]

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DIRECTIVE ISSUED TO KALPITIYA BEACH RESORT PLC

DIRECTIVE ISSUED IN TERMS OF SECTION 12 (b) AND 13 (cc) OF THE SECURITIES AND EXCHANGE COMMISSION OF SRI LANKA ACT NO.36 OF 1987 (AS AMENDED) RE : INORDINATE DELAY OF KALPITIYA BEACH RESORT PLC TO CONSTRUCT A HOTEL IN KALPITIYA OUT OF THE FUNDS RAISED AT AN INITIAL PUBLIC OFFERING (IPO) AS UNDERTAKEN IN […]

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DIRECTIVE ISSUED TO KALPITIYA BEACH RESORT PLC

DIRECTIVE ISSUED IN TERMS OF SECTION 12 (b) AND 13 (cc) OF THE SECURITIES AND EXCHANGE COMMISSION OF SRI LANKA ACT NO.36 OF 1987 20-03-2015 (AS AMENDED) RE : INORDINATE DELAY OF KALPITIYA BEACH RESORT PLC TO CONSTRUCT A HOTEL IN KALPITIYA OUT OF THE FUNDS RAISED AT AN INITIAL  PUBLIC OFFERING (IPO) AS UNDERTAKEN IN […]

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IMPOSING A TRADE SUSPENSION ON SHARES OF MIRAMAR BEACH HOTEL PLC

DIRECTIVE ISSUED UNDER SECTION 13(c) OF THE SECURITIES AND EXCHANGE COMMISSION OF SRI LANKA ACT NO.36 OF 1987 (AS AMENDED) RE:IMPOSING A TRADE SUSPENSION ON SHARES OF MIRAMAR BEACH HOTEL PLC The Securities and Exchange Commission of Sri Lanka (SEC) at its 351st meeting held on 7th January 2015 deliberated on the non submission of […]

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