Nearly 30 Sri Lankan state and private sector entities have shown a keen interest to list in the Colombo Stock Exchange, announced the Securities and Exchange Commission.
The market regulators latest move comes as it tries to attract more firms to list in the CSE to help it increase its scale, liquidity and impact.
SEC reveals that it has also held discussions with the IT/BPO industry to encourage those firms to raise capital via the CSE.
It has also finalized a concept paper to list BOI companies in the CSE, which is aimed at bringing in FDI’s into the country.
In an earlier occasion SEC Chief Dr. Nalaka Godahewa announced that it is looking to introduce a separate board on the CSE to list the BOI firms.
Sri Lankan government through the year 2013 budget promised incentives for the companies listing in the Colombo Stock Exchange.
Those firms will be provided an income tax relief of 50-pct.
Source: http://www.news360.lk
In a document released, the SEC says the interest have been shown after its officials held discussions with over 50 companies to attract them to list in the CSE.
The market regulators latest move comes as it tries to attract more firms to list in the CSE to help it increase its scale, liquidity and impact.
SEC reveals that it has also held discussions with the IT/BPO industry to encourage those firms to raise capital via the CSE.
It has also finalized a concept paper to list BOI companies in the CSE, which is aimed at bringing in FDI’s into the country.
In an earlier occasion SEC Chief Dr. Nalaka Godahewa announced that it is looking to introduce a separate board on the CSE to list the BOI firms.
Sri Lankan government through the year 2013 budget promised incentives for the companies listing in the Colombo Stock Exchange.
Those firms will be provided an income tax relief of 50-pct.
Source: http://www.news360.lk
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