The shares of Sarvodaya Development Finance Limited (CODE: SDF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) Tuesday (14). The shares have been listed on the Main Board of the CSE under the “Consumer Finance’” sector. The occasion was marked with a special Bell Ringing Ceremony The listing follows a successful Initial Public Offering (IPO)…
1% return to shareholders at IPO subscription price Named Fastest Growing Renewable Energy Company in Sri Lanka for 2021 by GBO Sri Lanka’s largest renewable energy developer continued augmenting investor confidence by declaring a dividend of LKR 743 Mn, totaling a dividend pay-out of LKR 1.76 Bn for this year. The earlier dividend of LKR…
Mobile payments have seen an increased development after the world faced the COVID-19 crisis in 2020. In the new socially distanced world, customers swiftly moved to digital solutions, whether it was for purchasing groceries or indulging in entertainment. Many businesses had to digitally transform themselves to keep up with the “no contact” way of functioning. “Within…
The Sri Lanka Export Development Board (EDB) – Regional Development division implemented an Export Coaching Programme as a pilot project for twenty-five (25) selected, export potential SMEs that are registered under the EDB – New Exporter Development Programme and assist them to develop capacities to enter the export market. The programme consisted of 3 phases…
(This statement issued by Capital Alliance Limited) We take this opportunity to express our gratitude to the many investors who subscribed to our recent IPO. We are truly overwhelmed by the support that we have received from the investor community, and sincerely thank you for investing in our IPO. Due to the unprecedented demand we…
First Trading Day for Sarvodaya Development Finance Shares After a sought-after IPO that was oversubscribed within hours on the opening day, shares of Sarvodaya Development Finance Limited will be listed and commence trading on the main board of the Colombo Stock Exchange today, 14th December 2021. A total of 149,596,052 ordinary voting shares will be…
Kapruka Holdings Limited, Sri Lanka’s largest locally owned e-commerce enterprise with a global presence, will host an Investor Forum on 16th December 2021 at 4.00 pm as a virtual event, ahead of its IPO. This event will give Kapruka’s leadership an opportunity to present their value proposition and allow investors to raise any clarifications they…
Lankan Angel Network (LAN) celebrated a record 2021 in which they helped local entrepreneurs grow to reach larger markets at home and internationally, through a combination of investments and mentorship. In 2021 alone, LAN evaluated over 250 startups, with over half going on to receive detailed feedback and mentoring to help them grow and become…
Leading Sri Lankan insurer Co-operative Insurance, recently announced the date of their Initial Public Offering (IPO), which is set to take place on the 20th of December, 2021. The IPO will be managed by the Merchant Bank of Sri Lanka. Affirming its financial strength, the company, which secured a strong financial performance for the past…
Grubtech, the UAE-based tech innovator and disruptor who has become a leader in the cloud kitchen space, is aggressively expanding its offices in Sri Lanka, bringing endless possibilities to digitally transform Food & Beverage (F&B) businesses and in offering many job opportunities to talented software engineers across the country. In just two years, Grubtech having…
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