October 15, 2024
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3min18
14th October 2024, Colombo, Sri Lanka: Hela Apparel Holdings PLC has confirmed the successful completion of its rights issue, raising Rs. 1,596,826,135 through the issue of shares. This achievement reflects the strong support of the company’s shareholders and will contribute to the strengthening of the Hela Group’s balance sheet for future growth. The rights issue […]

August 3, 2022
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9min0
          ‒         A total of Rs. 4.7 billion raised ‒         Both IPOs oversubscribed multiple times ‒         CSE invites corporates to actively explore alternate paths that have been introduced Taking into account the role played by capital markets in the growth of the corporate sector and the importance of offering multiple avenues […]

May 12, 2022
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2min17
    Thursday 12th May 2022, Colombo: Luminex Limited has announced their plans for a LKR 250 Million initial Public Offering (IPO) of 31,250,000 ordinary shares at LKR. 8/- per share, that will be postponed until 19th of May 2022. The postponement comes in the light of the current unrest in the country and at […]

April 4, 2022
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5min0
        The shares of Exterminators Limited (CODE: EXT-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on the 30th March 2022. The shares have been listed on the Empower Board of the CSE under the “2022 – Commercial & Professional Services” sector. The occasion was marked with a special Bell Ringing Ceremony. Representing Exterminators Limited, Chairman/Non-Executive Independent Director Mr. Chaaminda Ratnayake, Managing Director Mr. […]

January 7, 2022
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2min1
        Shares of Kapruka Holdings Limited will commence trading on the Main Board of the Colombo Stock Exchange under the symbol, “KPHL”, today, 7th Friday 2022. Heavy trading is expected for the counter, as investors, who missed out due to the oversubscription of the issue, rush to meet their portfolio allocation requirements. Kapruka […]

January 6, 2022
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2min3
      Shares of Kapruka Holdings Limited will commence trading on the Main Board of the Colombo Stock Exchange under the symbol, “KPHL”, tomorrow, 7th Friday 2022. Kapruka Holdings Limited is the holding company of Kapruka, Sri Lanka’s Pioneering ecommerce platform with a global presence. The Company recently offered 32,826,000 ordinary voting shares to the […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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