Just Short

Sri Lanka Telecom was Rs. 500 million short by mid morning on Friday, while managers to the issue continued to process applications.
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The issue is expected to close today, with an official announcement expected in the evening. rn

rnThe Colombo Stock Exchange said they had not received any indication that the issue would close today. rn

rnOfficials close to the issue say, state instructions could bridge the gap if applications do not cover the total issue. rn