Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Contribute
Submit Post

Latest topics

» Shares to Buy
by KavinduTM Today at 6:41 pm

» RICHARD PIERIS AND COMPANY PLC (RICH.N0000)
by dakzsl Today at 5:33 pm

» WHAT HAPPEN
by Kipling Today at 2:20 pm

» Viraj Dayaratna PC is the new Chairman of the SEC
by Teller Today at 12:25 pm

» Don’t Sell BIL They Are Collecting Nicely
by Teller Today at 12:03 pm

» we dont come here to listn personal opinions. Dear Admins block the posts which tell this will go up down without logical explanation
by Junior investor Today at 12:01 pm

» Must watch prior to buy any share
by Teller Today at 11:45 am

» Sold RCL . they have huge cash flow issues.
by ThilinaM Today at 10:29 am

» LLUB COLLECTION GOING ON
by Chanaka303 Today at 9:59 am

» BAIRAHA FARMS PLC (BFL.N0000)
by ThilinaM Today at 8:51 am

» never tell your broker before selling or buying large quantitys and illiquid stocks.
by ThilinaM Today at 8:01 am

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
by Eng Krishantha Today at 1:48 am

» stock portfolio tracking spreadsheet... (google spreadsheet/excel sheet)
by Sajeewa Niranjan Today at 12:03 am

» RENUKA CAPITAL PLC (KZOO.N0000)
by fireshelter Yesterday at 11:21 pm

» Sri Lanka Stock Market to remain flat in 2020
by ASDDS Yesterday at 11:02 pm

» The biggest news in 2020
by Chanaka303 Yesterday at 10:01 pm

» President says all graduates will be employed to get their contribution to the economy
by KavinduTM Yesterday at 6:36 pm

» EAST WEST PROPERTIES PLC (EAST.N0000)
by PDH Yesterday at 4:26 pm

» Sri Lanka Economy
by NANDANA2012 Yesterday at 2:26 pm

» Tile and Ceramic Sector
by KavinduTM Yesterday at 2:04 pm

» More Govt Jobs Destroy Economy
by ThilinaM Yesterday at 1:41 pm

» Incerasing gvt jobs is crazy dicition by gota to satisfy his ploitical suppoters
by NANDANA2012 Yesterday at 1:32 pm

» ABANS ELECTRICALS PLC (ABAN.N0000)
by NANDANA2012 Yesterday at 7:32 am

POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market & Forum Help » Stock Market News » Sri Lanka's main opposition concerned over resignation of third senior SEC official in a year

Sri Lanka's main opposition concerned over resignation of third senior SEC official in a year

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Mar 26, Colombo: Sri Lanka's main opposition United National Party (UNP) has expressed concern over the resignation of the third senior official of the Securities and Exchange Commission (SEC) in one year.

UNP parliamentarian Eran Wickramaratne said it is disappointing that SEC Director General, Prof. Hareendra Dissabandara had resigned from the post citing his inability to continue in the post based on his principles.

Prof. Dissabandara said on last Friday (22) that he has submitted his resignation from the post of Director-General effective May 27. He has not given any specific reason for his decision.

Issuing a statement, Wickramaratne pointed out that former Chairpersons of the SEC, Indrani Sugathadasa and Thilak Karunaratne had resigned within a period of nine months.

He noted that the resignations were a clear indication that all was not well at the SEC.

"Professionals attempting to carry out their tasks without fear and favor are coming under intense pressure," he said.

Wickramaratne explained that the number of referrals to the SEC has increased from 30 in 2010 to over 45 in the first six months of 2012 and the action warranted had on the other hand seen a decline.

"There were 17 pending cases in 2011, many of which were concluded. COPE was unable to draw a conclusion as to whether these cases were satisfactorily handled," the UNP has noted.

SEC chairman Dr. Nalaka Godahewa has said that he could not understand the Director-General's decision to resign on May 27 since his term expires anyway by May 31.

Former SEC chairwoman Indrani Sugathadasa resigned from the post in December 2011 due to the pressure from the stock brokers.

Karunaratne resigned from the post of Chairman claiming that he was under tremendous pressure from some investors who are under investigation for malpractices at the Colombo Stock Exchange.
http://www.colombopage.com/archive_13A/Mar26_1364278531JR.php

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
There appears to be 2 sides to story.

mark

mark
Expert
Expert
his term is over,so he should go

he did what his former boss told him,this guy just barked before term end and trying to prove he is genuine,

ane me wage ********

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
i dont know why opp politicians making such a huge shout ......

as correctly stated by MARK...his term is over and he has to go....

as simple as that cheers

sorry guys he is from my school....but facts are facts no one can hide...

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Opposition usually capitalize on any potential development. Sometimes to their benefit.

What we need is a Opposition to support Govn in good things and stand up for the bad. Most times what opposition stands up is for useless/ factually weak things and no real outcome happens.

It appears a reduction in manipualtion recently. But this is bear period. But to confirm corrective measures have been taken we need to wait for a bull market to see how much less manipulation is done.


Btw, still PMB,REEF, HVA,CLND,LHCL, EAST , GREG etc etc are clear cut manipulations ( prices soared without fundamental reasons) where no actions seems/will be taken.

There are lot of culprit here.

econ

econ
Global Moderator
It is very difficult to work honestly in public entities these days because politicians from top to bottom interfere regularly.

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum