Sri Lanka’s Colombo Stock Exchange increases listing fees

Apr 09, 2014 (LBO) – Sri Lanka’s stock exchange has increased its existing fees that should be payable by companies seeking a listing of its securities, the CSE said in a statement.

The CSE has obtained the necessary approval from the securities and exchange commission with regard to the amendment of section 11 of its listing rules.
The directive has been effective from 06 April 2015.

As per the new rules, the initial listing fee payable when the ordinary voting shares of an entity are listed on the exchange will be 150,000 rupees.

The initial listing fee payable when the ordinary voting shares of an entity are listed on the BOI board of the exchange will be 500,000 rupees.

BOI board is a fresh initiative of the stock exchange that will allow BOI registered companies to list their securities in the stock market.

“Necessary rules have been already finalized and we are waiting for the first company to be listed in the BOI board.” CSE head of market development Niroshan Wijesundera told LBO.

Refer the CSE official site to access the full report of the amended rules.