FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» What will happen tomorrow?
by Accountant Today at 3:22 pm

» GLAS will be winner with Super Gain.
by vijay singh Today at 2:13 pm

» Most Undervalued Shares
by celtic tiger Today at 1:38 pm

» Ban of chemical fertilizers is a great news
by samaritan Today at 9:59 am

» SANASA DEVELOPMENT BANK PLC (SDB.N0000)
by samaritan Today at 9:48 am

» Price prediction on GRAN and TAFL
by Antonym Today at 8:47 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by Bakkabwoi Today at 12:25 am

» DIPD/HAYC/HAYL
by desilva Yesterday at 10:48 pm

» Make it your goal to stay positive in a negative market
by Asoka Samarakone Yesterday at 10:11 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 9:31 pm

» Prime Residencies IPO. Over Priced?
by ChooBoy Yesterday at 5:08 pm

» FUTURE of BROWNS INVESTMENT PLC (BIL)
by samaritan Yesterday at 1:10 pm

» RSI & Stop Loss Combined Strategy to generate more than 70% profit in CSE
by samaritan Yesterday at 11:51 am

» "MFL" DEAL to 12 RS (multi finance plc)
by arunaupendra Yesterday at 9:47 am

» Millennial Capital Youtube Channel
by MillennialC Mon May 10, 2021 11:09 pm

» JANASHAKTHI INSURANCE COMPANY PLC
by Accountant Mon May 10, 2021 6:33 pm

» Synergies of possible merger between Sampath Bank and PABC
by MoneyLover Mon May 10, 2021 4:04 pm

» GREAT NEWS! Sri Lanka inks US$500mn deal with Korea Eximbank financing
by ADVENTUS Mon May 10, 2021 2:16 pm

» Sri Lanka Investment Forum 2021
by samaritan Sat May 08, 2021 1:06 pm

» Related party transactions in Banks cause concerns
by ChooBoy Fri May 07, 2021 10:59 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Construction Giant's IPO - Access Engineering

Construction Giant's IPO - Access Engineering

Go down  Message [Page 1 of 1]

sasl

sasl
Equity Analytic
Equity Analytic
The engineering arm of Access Group, Access Engineering, owned by top businessman Sumal Perera is planning to go public to raise Rs. 5 billion in an Initial Public Offering. The company is currently contemplating on a pre-IPO private placement.

Speaking to Mirror Business, Access Group Chairman, Sumal Perera said, the company will be launching the IPO second half this year towards the end of March.

“Still, we have not decided the exact dates. But we are planning to come up with the IPO probably towards the end of May this year after the private placement” Perera added.

However, he refused to disclose on what the proceedings of the IPO will be utilized.

Sri Lanka’s market regulator recently had said that they were expecting around 50 new IPOs in 2011 with at least two IPOs valued at Rs.5 billion. The biggest IPO in the recent history of Colombo bourse was Laugfs Gas which raised Rs.2.5 billion.

The other IPO that is expected to raise around Rs.5 billion is Sri Lanka Catering, which is expected to come into the market this year.

Most of the post-war IPOs that came into the market to raise funds in the recent times ended up being oversubscribed by over 100 times. The nearest examples were IPOs of Singer Finance and Union Bank of Colombo.

Meanwhile, Access Engineering will be the second largest IPO entering Sri Lanka’s Capital Market after Dialog that raised nearly Rs.8 billion and will surpass expected IPOs such as Vallibel One, Softlogic and Expolanka.

Since its inception in 1990, Access Group ventured into the construction sector in 1994 to secure itself a niche market for providing turnkey engineering services for Gabion related structures and has formally established Access Engineering Ltd., in 2001.

With a vast portfolio of completed private sector and government projects, Access Engineering is one of the entities in the forefront of the civil engineering in Sri Lanka. It has a work force of 1400 employees including over 100 engineering professionals, an in-house design office and a modern fleet of specialized machinery and equipment.

Access Engineering is specialized as contractors for Design and Construction of Infrastructure development projects in the fields of Irrigation & Land Drainage, Water Supply, Highways, Bridges and suppliers of Engineering related products such as Gabions, Geotextiles, High Density Polythene liners, Bridge Bearing Pads, Bridge Expansion Joints, DI Pipes and fittings, Construction Chemicals, Water Stops, Metal Arch Underpass and Mechanical Stabilized Earth Wall Structures, Water & Sewerage Treatment Plants.

xmart

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
well, thanks for the presentation. probably, this would be a hot IPO.
looks good.

3Construction Giant's IPO - Access Engineering Empty From Access Eng. Web site. Wed Mar 09, 2011 3:27 pm

milanka

milanka
Vice President - Equity Analytics
Vice President - Equity Analytics
http://www.accessengsl.com/index.php


Established in the year 1990, the Access Group ventured into the construction sector in 1994 to secure itself a niche market for providing turnkey engineering services for Gabion related structures. Having optimized the available business opportunities in this sector, we gradually expanded our engineering services to cater to the demands of the civil engineering industry, which resulted in the formation of Access Engineering Ltd., in 2001.

We stand today in the forefront of the civil engineering sector in Sri Lanka rendering our expertise in diversified fields providing turnkey engineering solutions including design, procurement, construction and commissioning of many multi disciplinary engineering projects for our customers both in the state and private sector.

Our Head Office is located at our own premises at Access Towers, 278 Union Place, Colombo 2 the flagship of the Access Group. As a result of our ongoing expansion, most of the management and support staff involved in project implementation moved into a purpose built Projects office in 2007.

While we still continue to design and construct gabion structures, our extensive and stable growth has resulted in the expansion of our business in providing value engineering services to many challenging civil engineering projects, earning the distinction of being the pioneer in the industry to use certain technologies and construction methods.

Having some of the best available human resources in the industry which presently stands at 1400 employees including over 100 engineering professionals, an in-house design office and a modern fleet of specialized machinery and equipment, we look forward to more challenging projects in the civil engineering industry.

http://forum.srilankaequity.com/u188

$$$


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
It would be probably one of the biggest IPO's to enter the market after Dialog....it will have a fantastic response ...it will also mop up quite a bit of liquidity for subscriptions.

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
great news.

wonder when will "MAGA" comes to cse Laughing

6Construction Giant's IPO - Access Engineering Empty Day by Day Ipo Thu Mar 10, 2011 12:05 am

wallstreet


Senior Equity Analytic
Senior Equity Analytic
have to find money and order new cheque book.(money never sleeps)

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum