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Share market attentive to resignations at Richard Pieris

Share market attentive to resignations at Richard Pieris Featured

The Colombo share market is paying attention to the resignation of three directors of Richard Pieris and Co. Plc. within a short period, according to reports reaching Sri Lanka Mirror.

One of the oldest serving directors, Lakshman R. Watawala, left the director board on August 24.

He was preceded by Dr. Anura Ekanayake on July 11 and Kapila Gunasekara on July 19.

Rumours are making rounds that they had resigned due to the share market’s decision to investigate the company.

Reports also say one of the majority shareholders of Richard Peiris does not attend director board meetings in person, but joins them through skype technology.

Last modified on Monday, 05 September 2016 08:58