Tuesday 21 January 2014

Sri Lanka Investor forum in Singapore attracts over 200 investors

Sri Lanka Investors Forum held in Singapore this morning to promote the Island’s debt and equity market to global investors have attracted over 200 participants, comprising of institutional investors, investment banks and financial advisers from Singapore and the region.

The forum organized by the Colombo Stock Exchange and the Securities and Exchange Commission in association with Bloomberg Data services was held at the Ritz Carlton, Millenia Singapore.

Senior Minister for International Monetary Corporation and Deputy Minister of Finance and Planning Dr. Sarath Amunugama and Governor of the Central Bank Ajith Nivard Cabraal has delivered the keynote addresses.

“Sri Lanka is quickly emerging as a prominent contender within the region, we have demonstrated exceptional growth figures in the past four years. The political stability within Sri Lanka has attracted internationally reputed hotel chains such as Shangri-La, Hyatt and Mövenpick,” Amunugama has told the gathering.

“Sri Lanka needs both local and foreign investments. There is a clear increase in the number of new entrants amongst foreign funds which shows that the Sri Lankan stock market is on the right path,” Dr. Nalaka Godahewa, SEC Chairman has said.

The forum has also provided the participating investors the opportunity of having one-on-one meetings with listed Sri Lankan companies.

Representatives of John Keells Holdings, NDB, DFCC Bank, Carson Cumberbatch, Distilleries , Dialog Axiata PLC, Ceylinco Insurance, Hayleys, Access Engineering, People’s Leasing & Finance, Hemas Holdings, Softlogic Holdings and Tokyo Cement have also taken part in the forum.
www.news360.lk

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