Sri Lanka’s LTL Holding IPO, scheduled for September 13, has been put on hold by the Colombo Stock Exchange (CSE) due to the need for further clarification on new information.
The CSE has requested additional details from LTL Holding for review. The statement from the CSE highlighted that the new information should have been disclosed in the IPO Prospectus.
As a result, the CSE has instructed LTL Holding not to proceed with the IPO opening on the planned date. The situation will remain under review until the required clarifications are provided.