Investor Presentaiton
PUBLIC LIMITED COMPANIES
• Shares are listed on the stock exchange. A public limited 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 certain statutes and subsidiary legislation:
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Sri Lanka Accounting and Auditing Standards Act, No. 15 of 1995: in the
preparation and presentation of accounts.
Securities and Exchange Commission of Sri Lanka Act, No.36 of 1987 (as
amended)/ Listing Rules/ Takeovers and Mergers Code etc.: eligibility for
listing (Stated Capital, Positive Net Assets, Minimum Public Holding
Requirement etc.); corporate disclosure requirements and mandatory offer
requirements; prohibitions relating to insider dealings.View entire presentation