Yoghurt and other fresh milk based products manufacturer Lucky Lanka Milk Processing Limited is preparing to issue an Initial Public Offering (IPO) after approval by the Colombo Stock Exchange.

The company is preparing to offer 38 million shares ordinary voting shares at Rs. 6.00per share and 24 million non-voting shares at Rs. 3.00 each.

This IPO to be listed on the Dirisaviya board is to begin on 07 July 2014.