CSE instructs LTL not to proceed with IPO opening

13 September 2024 12:55 pm Views - 3238

Colombo , September 13 (Daily Mirror) - The Initial Public Offering (IPO) of LTL Holdings, which was to open today, did not go ahead as scheduled on instruction by the Colombo Stock Exchange (CSE).

The CSE, in a notice uploaded earlier today, said LTL is required to provide additional information/clarification to the market operator for review.

According to CSE, LTL had not disclosed certain information that it should have in its prospectus.