A joint committee of the Securities and Exchange Commission (SEC) and the Colombo Stock Exchange (CSE) has been appointed to consider measures that need to be taken to broad-base the capital market, educate and create awareness amongst the general public and to make appropriate recommendations.
SEC board members Suhada Gamalath PC, Sunil Lankathilake, Manil Jayesinghe, Naresh Abeysekera, SEC Director General Chinthaka Mendis and directors Tushara Jayaratne and Prabash Wanigatunge will serve as the SEC nominated members of the Committee, a SEC media release said on Thursday.
The Committee will identify measures that is required to encourage companies to use the capital market to raise capital, foster broad visibility and collaboration regionally and internationally, engage in stakeholder education and awareness with an intention to broad-base the investor community and enhance investor confidence and facilitate greater public participation in the securities market across the geographical regions of the country and internationally. (DEC)
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
In its first electoral test since taking power, the ruling National People’s Power (NPP) fell short of expectations, winning only around 40 % of the national vote in Tuesday’s local government election and falling short of enough seats to gain control of the majority of councils.
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