Demonstrating strong investor confidence in its vibrant prospects and high growth potential, the Initial Public Offering (IPO) of Amana Takaful Life Limited – via an Offer for Sale of LKR 75 million – was oversubscribed at its opening yesterday.
The company offered 50 million ordinary voting shares at LKR 1.50 per share on Diri Savi Board of the Colombo Stock Exchange (CSE) – which represents 10% of its total stake – at the successful IPO.
“Amana Takaful Life takes great pride in the strong confidence placed by the investors in the potential and prospects of the company – reflected in the oversubscription of the IPO within several hours,” Chairman – Tyeab Akbarally said. “Amana Takaful Life will continue to innovate and carry out its strategic initiatives, which have the potential to further enhance its growth trajectory.”
www.dailynews.lk
The company offered 50 million ordinary voting shares at LKR 1.50 per share on Diri Savi Board of the Colombo Stock Exchange (CSE) – which represents 10% of its total stake – at the successful IPO.
“Amana Takaful Life takes great pride in the strong confidence placed by the investors in the potential and prospects of the company – reflected in the oversubscription of the IPO within several hours,” Chairman – Tyeab Akbarally said. “Amana Takaful Life will continue to innovate and carry out its strategic initiatives, which have the potential to further enhance its growth trajectory.”
www.dailynews.lk
No comments:
Post a Comment