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CSE instructs LTL not to proceed with IPO opening

13 Sep 2024 - {{hitsCtrl.values.hits}}      

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.