The Chairman of the CSE, Mr. Krishan Balendra, delivered the welcome address for the event and the Chairman of SEC, Dr. Nalaka Godehewa, was the keynote speaker.
Mr. Renuke Wijayawardhane Assistant General Manager Regulatory Affairs of the CSE spoke on listing of Equity and Debt on the Colombo Stock Exchange and was also a panelist during the panel discussion on listing on the CSE with Mr Dhammika Perera SEC-Deputy Director General and Officer in Charge, Mr. W. K. H. Wegapitiya Chairman of Laugfs Gas PLC, Mr. D. P. Kumarage CEO of Peoples Leasing and Finance Company and Ms. Otara Gunewardene CEO of ODEL. The discussion was moderated by Mr. Shamindra Kulamunage.
Dr. Nalaka Godehewa,
Chairman of SEC
"We have witnessed a dynamic growth in the capital markets of Sri Lanka and we are looking forward to develop it further by increasing the listings on the CSE. Listing on equity or corporate debt will not only boost your company’s capital and corporate image, but it will have a significant impact on the company’s growth prospects. Increasing the number of listings on the CSE is also one of the ten key strategies of SEC."
Mr. Krishan Balendra,
Chairman of CSE
"We are pleased to have received a positive response from the companies who are present here for our first Issuer Relations forum. Over the years we have seen numerous companies listing on the Colombo Stock Exchange, with both the company and its public shareholders benefitting in the process. The continuous development of the capital markets of Sri Lanka has created a more positive atmosphere for listing and therefore, we encourage unlisted companies to make use of this opportunity."
Mr. W. K. H. Wegapitiya Chairman Laugfs Gas PLC
"Laugfs Gas PLC had the largest retail participation for our equity share issue which was twenty two times oversubscribed and the capital raised was used for the expansion and diversification of the company. Listing on the CSE had a major positive impact on our corporate image which attracted many strategic investors and alliances."
Mr. D P Kumarage, CEO Peoples Leasing & Finance PLC
"Listing on the CSE not only opened Peoples Leasing & Finance PLC to raise capital close to 10 billion rupees during the IPO in 2011, but it also afforded the opportunity to recreate the company’s corporate image and strategies to meet the targets of our vision and mission."
Ms. Otara Gunewardene CEO ODEL PLC
"Listing on the Colombo Stock Exchange allowed ODEL to raise funds for our expansion and infrastructure development. The listing also gave us the platform to build a strategic relationship with Parkson Retail Group and expand our reach internationally ".
The forum was the first of its kind organized by the CSE which is one of many initiatives planned to create awareness and attract of new listings.
For further information on listing on the CSE visit http://www.cse.lk/issuer.do or contact on 2356 559.