Tuesday October 3 2023
News Source: Global Exchanges
Focus: Listing Rules
Type: General
Country: Sri Lanka
The Colombo Stock Exchange (CSE) amended the Listing Rules to facilitate the listing of shares issued by State Owned Enterprises (SOEs) on a new board under the Main Market Segment of the CSE, identified as the `Catalist Board’.
The said amendments have been approved by the Securities and Exchange Commission of Sri Lanka and the revised Rules are ewill be effective from 1st October 2023.
| Rule No. | Rule |
| Content | Definition for Shares |
| 1.1 | Initial Listing of shares on the Catalist Board |
| 2.1.2 A (iii) | Eligibility to be listed on the Catalist Board |
| 2.1.2 A (V) | Mandatory Transfer from Catalist Board to Main/Dirisavi Board |
| 3.1.13 | Prospectus – Financial Information |
| 3.1.20 | Prospectus – Other Requirements |
| 3.4.11 | Any other Requirements |
| 5.1.1 | General Requirements |
| 7.5 | Circulation of Annual Report |
| 7.5 e (i) | Enforcement for non-submission/delayed submission of the
Annual Report |
| 7.11.2 | Additional Listing Requirements in respect of Catalist Board |
| 7.13.1 (c | Minimum Public Holding Requirement for the Catalist Board |
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