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Thursday, September 1, 2011

ERI awaiting SEC’s response

By Keishara Perera

Environmental Resources Investment PLC’s (ERI) Executive Director Kosala Heengama yesterday confirmed to Mirror Business that the company and its directors have received a communication from the Securities and Exchange Commission (SEC) with regard to a fine imposed on a disclosure related offence.

"Responding to that, we have sent a notice to the SEC clarifying our position on the matter stating that we have indeed disclosed the said facts to the commission. Currently we are awaiting a response from the SEC" Heengama said.

He also noted that that the disclosure related issue was regarding one of the company’s foreign investments.

source - www.dailymirror.lk