Finance

Multi Finance Delists Following Merger with L B Finance

Multi Finance PLC has been officially delisted from the Colombo Stock Exchange (CSE) as of September 4, 2024, following its merger with L.

  • September 5, 2024
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Forex Market

Sri Lankan Rupee Opens Flat at 298.90/299.00 Against US Dollar; Bond Yields Rise

Sri Lanka’s rupee opened steady at 298.90/299.00 against the US dollar on Thursday, according to market dealers. Bond yields saw a rise, and.

  • September 5, 2024
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Business

LTL Holdings to Raise Rs. 16 Billion via Largest IPO in Sri Lanka

LTL Holdings, one of Sri Lanka’s leading power conglomerates, announced plans for an Initial Public Offering (IPO) to raise Rs. 16 billion, marking.

  • September 4, 2024
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Forex Market

Sri Lankan Rupee Opens Weaker at 299.10/30 Against US Dollar, Bond Yields Steady

Sri Lanka’s rupee opened weaker on Tuesday, trading at 299.10/30 to the US dollar, according to market dealers. This marks a slight depreciation.

  • September 3, 2024
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Stock Market

Sri Lanka’s PickMe to Go Public with Rs 1.5 Billion Share Offer

Digital Mobility Solutions Lanka Limited, the operator of Sri Lanka’s popular PickMe ride-hailing app, is set to go public, according to an announcement.

  • September 3, 2024
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Finance

NDB to Raise Up to Rs 10 Billion Through Debenture Issue in Sri Lanka

Sri Lanka’s National Development Bank Plc (NDB) has announced plans to raise up to 10 billion rupees through a debenture issue. The bank.

  • September 2, 2024
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Forex Market

Sri Lankan Rupee Strengthens to 298.80/299.10 Against USD; Bond Yields Rise, Stock Market Dips

On Monday, the Sri Lankan rupee appreciated, opening at 298.80/299.10 against the US dollar, according to market dealers. This marks a strengthening from.

  • September 2, 2024
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Stock Market

LTL Holdings Plans Rs. 20 Billion IPO at Rs. 14.50 per Share

Sri Lanka’s LTL Holdings is set to raise up to Rs. 20 billion through an initial public offering (IPO), subject to regulatory approvals,.

  • August 29, 2024
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