May 06: Colombo: Securities and Exchange Commission of Sri Lanka (SEC) has granted a license to S K M Lanka Holdings (Pvt.) Ltd. to operate as a Stock Broker in terms of Section 19 of the Securities and Exchange Commission of Sri Lanka Act No 36 of 1987 as amended by Act numbers 26 of 1991 and 18 of 2003.
This license has been granted subject to compliance with the licensing requirements imposed by the SEC, including a requirement to ensure that S K M Lanka Holdings (private) Limited brings in substantive foreign investment.