C.W. Mackie PLC has won time till the end of this year to be compliant with the CSE listing rules requiring a minimum public holding of 15% in the hands of a minimum 500 public shareholders on or before Dec. 31, 2015.
On Dec. 1 last year, the company wrote to the SEC seeking an extension and the SEC, having examined the request in the context of the company’s efforts for increasing the public holding to the required level had granted time till the end of this year to be compliant with the rule, the company said in a stock exchange filing last week.
Right now C.W. Mackie has a public holding of slightly over four million shares (11.17%) in the hands of 2,014 public shareholders.
The top shareholder of C.W. Mackie is Lankem wth 34.09%. Its ultimate controlling interest is the Colombo Fort Land and Buildings Group.
www.island.lk
On Dec. 1 last year, the company wrote to the SEC seeking an extension and the SEC, having examined the request in the context of the company’s efforts for increasing the public holding to the required level had granted time till the end of this year to be compliant with the rule, the company said in a stock exchange filing last week.
Right now C.W. Mackie has a public holding of slightly over four million shares (11.17%) in the hands of 2,014 public shareholders.
The top shareholder of C.W. Mackie is Lankem wth 34.09%. Its ultimate controlling interest is the Colombo Fort Land and Buildings Group.
www.island.lk
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