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Investor Presentaiton

PUBLIC LIMITED COMPANIES A limited company that has listed its shares on the stock exchange. A listed company has the opportunity to raise its capital from the public and therefore has access to a larger capital base. Must comply with the provisions of the Accounting and Auditing Standards Board Act 1995 ā€“ To comply with the specified standards in the preparation and presentation of accounts. Must comply with the provisions of the Securities and Exchange Commission Act, No.36 of 1987 (as amended) and Listing Rules, Takeovers and Mergers Code etc.: - Listing Eligibility: Stated Capital at the time of listing (Main Board: of not less than Rs. 500, 000,000/-; Diri Savi Board Capital of not less than Rs.100,000,000/- Positive Net Assets as per the consolidated audited financial statements (Main Board: for the last 2 financial years immediately preceding the date of application; Diri Savi Board: for the financial year immediately preceding the date of application) meet the Minimum Public Holding Requirement āœ“ Main Board: Net profit after tax for 3 consecutive years immediately preceding the date of application Diri Savi Board: An operating history of at least one (1) year immediately preceding the date of application; Corporate disclosure requirements and mandatory offer requirements; Prohibitions relating to insider dealings.
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