October, 11, 2018
The Invest Sri Lanka forum that was held at the Waldorf Astoria in Edinburgh yesterday had witnessed over 20 funds and institutional investors based in Scotland attending, whilst Sri Lanka’s capital market stakeholders yesterday (10th October 2018) for the first time lured investors in Scotland, reports point out.
After successful exercise in London on Monday (8th October 2018), the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission (SEC) held an evening investor forum in the Scottish capital of Edinburgh, which was held at the Waldorf Astoria. The event witnessed State Minister of Finance Eran Wickramaratne addressing the investor group, highlighting some of the noteworthy progress achieved in ushering democracy and socio-economic prosperity in Sri Lanka amidst challenges.
Minister Eran Wickramaratnehad told the audience that the Government had stabilized the economy whilst implementing policies to accelerate growth.
Reports added that 11 listed Sri Lankan companies participated at the Edinburgh forum and had one-on-one meetings with interested Scotland-based investors and fund managers. The companies were John Keells Holdings (JKH), Commercial Bank, Dialog Axiata, Melstacorp, NTB, People’s Leasing and Finance, Aitken Spence, Tokyo Cement, Sunshine Holdings, Union Bank, and Resus Energy.
The Edinburgh event was following a successful exercise held at the London Stock Exchange which saw over 100 funds and investors participating and holding a host of one-on-one meetings with Lankan listed companies.