Shares of Digital Mobility Solutions Lanka Ltd, trading under the code PKME-N-0000, officially commenced on the Colombo Stock Exchange (CSE) on October 3, 2024, highlighted by a special Bell Ringing Ceremony. The company’s shares are now listed on the Main Board of the CSE in the ‘Passenger Ground Transportation’ sector. The Offer for Sale, comprising
The Colombo stock market reached new heights yesterday as investor confidence soared under the newly elected President Anura Kumara Dissanayake. The benchmark All Share Price Index (ASPI) skyrocketed by 326 points, marking its highest single-day gain in 14 months, a 2.87% increase to a two-month high. Over the past seven sessions, the ASPI has gained
Maharaja Foods Ltd., a leading producer and exporter of authentic Sri Lankan food and spices, is set to commence secondary market trading at the Colombo Stock Exchange (CSE) today. The company’s Initial Public Offering (IPO), which opened on July 4, was oversubscribed and closed on the first day, highlighting the significant interest in Maharaja Foods.
Seylan Bank announced that its recent Rs. 10 billion debenture issue was oversubscribed on its opening day, receiving applications for over 100 million debentures, indicating strong investor confidence. Initially, the bank issued Rs. 5 billion in Basel III-compliant, Tier 2, listed, rated, unsecured, subordinated, redeemable debentures. Priced at Rs. 100 each, these debentures have maturity
The Commercial Bank of Ceylon’s debenture issue, the largest ever by a private bank in Sri Lanka, closed after being oversubscribed on its opening day (July 2), raising Rs. 20 billion. This milestone underscores investor confidence in the institution. Announcing the oversubscription, the bank revealed it received applications for more than three times the Rs.