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By Hiran H. Senewiratne Trading activities on the Colombo Stock Exchange (CSE) in the early session yesterday progressed in a positive manner, Subsequently profit takings were noted in index weighted Senkadagala Finance. Its share price started trading at Rs 1251 and at the end of the day, it dropped to Rs 964, which is Rs. […]
Real Estate Developer, Myland Developments Limited (MDL) will begin trading on the Colombo Stock Exchange from today. The Company opened its IPO on December 8, and was oversubscribed in a matter of hours receiving 2,884 applications which resulted in an oversubscription rate of 6.7 times. The company offered 6,250,000 ordinary voting shares to the general […]
Sri Lanka’s first co-branded insurance package Toyota Lanka and LOLC General Insurance joined hands at the Toyota Lanka headquarters to launch Sri Lanka’s first co-branded insurance package InsureX. The all-new package offers both Toyota Lanka and LOLC General Insurance customers a ZERO owners’ share for vehicles manufactured below 10 years, for automotive collision repairs and […]
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Guidance on the tax rules affecting investment funds and fund managers.