CLPL share trading suspended

Trading in shares of Ceylon Leather Products Ltd (CLPL) has been suspended as the company has defaulted in payments to the Colombo Stock Exchange’s Central Depository Systems (Pvt) Ltd (CDS).

The exchange said a sum of Rs.218,355 as at December 1, is long outstanding, on account of service charges payable to CDS pertaining to transactions in the shares of the company.

It said the CDS has decided to withdraw all CDS services, including clearing functions, provided by the CDS to CLPL with effect from February 2, unless this outstanding amount is settled in full on or before January 31.