Financial Times

SEC seeks AG’s advice on judgment

Amidst a flurry of activity post-LMSL, the Securities and Exchange Commission (SEC) asked John Keells Holdings (JKH) to inform its shareholders on the financial impact of the Supreme Court judgment on its bunkering arm while seeking the advice from the Attorney General (AG) on how to comply with the court verdict.

 
Drama at Hunter's EGM as Dossas turn abusive
The Hunter and Company Extra-ordinary General Meeting (EGM) on Tuesday ended on a sour note with the shareholders showing acute dissent with the directors. This meeting followed the June 23rd EGM where the board decided to convene a second EGM to clarify accounting issues and agreed to request the auditors (Ernst and Young --who had resigned earlier) to be present.
 
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