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CSE approves IPO of Prime Lands Residencies Limited - Adaderana Biz English

CSE approves IPO of Prime Lands Residencies Limited - Adaderana Biz English
bizenglish.adaderana.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizenglish.adaderana.lk Daily Mail and Mail on Sunday newspapers.

First Capital Money Market Fund – fastest to reach LKR 20bn in assets under management

Kavin Karunamoorthy, AGM – Asset Management, First Capital Asset Management Limited The First Capital Money Market Fund has been the fastest fund in its category (Open-Ended Money Market Fund) to surpassed LKR 20 billion in Assets Under Management. The fund is managed by First Capital Asset Management Limited the wealth management arm and subsidiary of First Capital Holdings PLC (the Group). The Fund is the best performing Unit Trust in its category, delivering a return of 11.98%, the highest Compounded Annual Growth Rate (CAGR) for the past 5 years, as of February 2021. The fund is licensed and regulated by the Securities and Exchange Commission of Sri Lanka with Bank of Ceylon acting as the Trustee.

Online programme launched to verify details of NICs

Online programme launched to verify details of NICs Online programme launched to verify details of NICs Written by Share: COLOMBO (News 1st): The Department for Registration of Persons has launched a special online program to verify information pertaining to National Identity Cards information, a top official from the department said. This program will enable state institutions, corporations, statutory boards, banks, and financial institutions in Sri Lanka to certify the information in the National Identity Card online, given the consent of the clients when fulfilling service requirements, Viyani Gunathilaka, the Commissioner-General of Registration of Persons told News 1st on Saturday (Mar. 06).

SEC conducts workshop for CFOs of potential listed companies

The Securities and Exchange Commission of Sri Lanka (SEC) recently conducted a forum for the Chief Financial Officers (CFOs) of several private companies with the view of encouraging them to list on the Colombo Stock Exchange (CSE). The SEC has had a continuous dialog with all stakeholders of the capital market and has emphasized on the need to take aggressive measures to develop the market in order to ensure that it is the preferred place to raise capital. Only a few companies have listed on the CSE during the last several years and that was seen as one of the reasons for inadequate level of

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