Tuesday, February 22, 2011

Price band on E-Channeling

E- Channeling Plc became the newest entrant to the market regulator's price band wagon as the Securities and Exchange Commission yesterday imposed its controversial 10 percent price band on the share with effect from today.

The band is scheduled to expire on March 15, 2011.

The price bands on Alufab and Lanka Aluminum are due to end on February 24. The other companies on which the price bands have been imposed are Madulsima Plantation, Lanka Development, Lanka Ashok Leyland, Malwatte Plantation and Ceylon Tea Services.

source - www.dailymirror.lk

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