Suspension on Perpetual Treasuries Ltd extended

The Central Bank has extended the suspension on the Perpetual Treasuries Limited for a further six months from July 5, 2018.

The suspension was extended to continue an investigation by the Central Bank on the PTL.

A statement issued by the CB said the Monetary Board of the Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for six months with effect from 4.30 p.m. on July 15, 2018 to continue the investigations being conducted by the Central Bank of Sri Lanka.

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