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.
FINANCIAL CHRONICLE™

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

LISTED COMPANIES

Submit Post

Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Government loan repayment
by shariff Today at 1:04 pm

» EDEN HOTEL LANKA PLC (EDEN.N0000)
by Bakkabwoi Today at 11:52 am

» What are the short term profit stocks you are planning to buy on this Monday? (Only honest ppl please)
by Hitazz Today at 11:49 am

» CITIZENS DEVELOPMENT BUSINESS FINANCE PLC(CDB.N0000)
by engineer Today at 11:41 am

» Sri Lanka's Foreign Reserves set to top US$ 7 Billion - Cabraal
by samaritan Today at 11:34 am

» Tea industry expected to contribute $ 200 million extra revenue to public coffers
by samaritan Today at 11:25 am

» RIL JOURNEY
by Karthick Today at 11:09 am

» LMF target price+++++
by GayanKK Today at 10:03 am

» ASIA SIYAKA COMMODITIES PLC (ASIY.N0000)
by RJ1010 Today at 8:45 am

» Tomorrow top gainers PALM & NIFL
by Tissa Yesterday at 9:39 pm

» Directors' Dealings today
by SAGA Yesterday at 8:55 pm

» Sri Lanka’s Forex Reserves to exceed US$7 Billion by end 2021
by D.G.Dayaratne Yesterday at 8:09 pm

» Sri Lanka to Repay $1 Billion Bond, Ending Default Threat
by SAGA Yesterday at 5:35 pm

» Top crossings today
by SAGA Yesterday at 3:13 pm

» CABO -- “ The Investment Company ” under Land & Building Sector
by ADVENTUS Yesterday at 12:51 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Rational Investor Yesterday at 12:43 pm

» PALM should be above Rs120
by SAGA Yesterday at 11:49 am

» SEMB the ASPH
by Big Bull Yesterday at 11:14 am

» VALLIBEL FINANCE PLC (VFIN.N0000)
by Value Pick Yesterday at 10:11 am

» RENUKA CAPITAL PLC . KZOO.N
by Wickyz Yesterday at 9:54 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » CLSA invests in Sri Lankan capital markets group CT Smith Holdings Ltd

CLSA invests in Sri Lankan capital markets group CT Smith Holdings Ltd

Go down  Message [Page 1 of 1]

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This is actually a big deal for the sri-lankan market. CLSA are heavy hitters and putting money is good news.

https://www.clsa.com/about-clsa/media-centre/2014-media-releases/CLSA-invests-in-Sri-Lankan-capital-markets-group-CT-Smith-Holdings-Ltd.php

Colombo / Hong Kong – Monday, 12 May 2014: CLSA and CT Smith Holdings Ltd are pleased to announce the closing of a 25% equity investment by CLSA Singapore Holdings Pte Ltd in CT Smith Holdings Ltd, a member of CT Holdings PLC, a conglomerate listed on the Colombo Stock Exchange.

The investment cements a long-standing, twenty-year partnership between the two groups and marks the beginning of a new chapter in the development of CT Smith Holdings as a client centric brokerage, investment banking and asset management group with a strong reputation for integrity and independence in Sri Lanka’s capital market.

Jonathan Slone, Chairman and CEO, CLSA said: “Having worked with CT Smith over many years, we are extremely confident this investment will provide our clients enhanced access to a dynamic, growing frontier market while expanding CLSA’s Asia market research and distribution footprint.”

Cecilia Muttukumaru, Chairperson, C T Smith Stockbrokers, CT Capital and Comtrust Asset Management commented: “CT Smith Holdings and CLSA have developed a strong relationship over the years through CLSA being a counterparty of CT Smith Stockbrokers. I am pleased with their decision to further strengthen our relationship. Both groups are renowned for the quality and independence of their products and the partnership will assist CT Smith Holdings to expand its already strong relationship with foreign institutional investors and deliver an enhanced service offering to its domestic clientele.”

CLSA and CT Smith Holdings will benefit from combined product and service offerings particularly in relation to equity research, execution and capital markets advisory in Sri Lanka. Both groups have agreed in principal to combine research and Equity Capital Markets capabilities as follows:

Economic & Equity Research: CLSA will distribute research products published by CT Smith Stockbrokers, which provide an independent, on-the-ground perspective into the Sri Lankan market. The research products of CT Smith Stockbrokers will be re-branded under “CT CLSA” once approvals are granted. In addition, CT Smith Stockbrokers will participate in CLSA’s Investor Forums which have set the benchmark for equity investor conferences globally.

Equity Capital Markets: CLSA Capital Markets Ltd and CT Capital will join forces to capitalize on their combined strengths in client relationships, execution and global / local market insights and placement capability.

As a result of the investment by CLSA, C T Smith Holdings Ltd will change its corporate identity to CT CLSA Holdings Ltd. C T Smith Stockbrokers (Pvt) Ltd and C T Capital (Pvt) Ltd will change their corporate identities to CT CLSA Securities (Pvt) Ltd and CT CLSA Capital (Pvt) Limited respectively. Comtrust Asset Management (Pvt) Limited will retain its current identity as a flagship unit trust management company in Sri Lanka.

Back to top  Message [Page 1 of 1]

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