Who is this powerful lady......

MarketResearch · 1 Who is this powerful lady...... Thu Feb 24, 2011 9:37 pm

MarketResearch

Assistant Vice President - Equity Analytics

Posts : 602
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Join date : 2011-01-30
Location : Colombo

Dear Friends,

According to the relax of rules by SEC from March 01st,there is a posibility energize the market again.

1)The price band period has been reduced to 10 Days
2) The 50% deposit in advance for Price Ban shares has been lifted.

Please give your comments.

For further Information:

http://www.vimasuma.com/index.php?option=com_content&view=article&id=2085&Itemid=56

Last edited by MarketResearch on Thu Feb 24, 2011 10:01 pm; edited 2 times in total

MarketResearch · 2 Re: Who is this powerful lady...... Thu Feb 24, 2011 9:41 pm

MarketResearch

Assistant Vice President - Equity Analytics

Posts : 602
Equity Stars : 6046
Reputation : 110
Join date : 2011-01-30
Location : Colombo

From the coming months the existing rules will be lifted or relax and SEC will(Must) move to investment friendly strategy.

The Chairwoman of SEC Mrs.Indra Sugathadasa is the Wife of Mr.Lalith Weerathunga who is the President's Secretary. (FYI)

MarketResearch · 3 What a powerful lady...... Thu Feb 24, 2011 9:46 pm

MarketResearch

Assistant Vice President - Equity Analytics

Posts : 602
Equity Stars : 6046
Reputation : 110
Join date : 2011-01-30
Location : Colombo

Identify who is she......What a powerful lady:

In the hot seat at the SEC is Indrani
Sugathadasa, a respected public servant, who has since her recent
appointment, stood firm to ensure fair play in the markets. Her
determination to stick to the rules is bolstered by the fact that she is
the wife of Presidential Secretary Lalith Weeratunga, another respected
public servant, providing added advantage is rejecting any attempt to
influence decisions, a usual trait in many institutions – even the SEC -
where name-throwing to get things done is commonplace.

Source: http://sundaytimes.lk/100829/BusinessTimes/bt08.html