Mar 03, 2013 (LBO) - Sri Lanka's stock exchange, the regulator and the island's information technology industry chamber is holding a seminar to draw IT and outsourcing firms to the capital markets.
A business forum will be held March 05, at the Dialog Future World Auditorium, from 08.30 am to 11.00 am the Colombo Stock Exchange and ri Lanka Association of Software and Service Companies (SLASSCOM) said.
CSE chief executive Rajeeva Bandaranaike, -President of Copal Amba Asanka Herath and SLASSCOM chairman Madu Ratnayake will also speak at the event.
The forum is targeting chief executive officers and chief financial officers of potential-issuer companies.
"Listing on the Stock Exchange helps a company enhance its corporate profile and gives it a competitive advantage, while helping the company increase its worth by attracting strategic investors and high value employees," Bandaranaike said in a statement.
"These benefits boost the prestige of a company and can thereby be utilized to fund the next stage of a company's expansion strategy."
A panel made up CSE director Ray Abeywardena, AGM-regulatory affairs-CSE Renuke Wijayawardhane, deputy director general SEC Dhammika Perera moderated by SLASSCOM executive director Imran Furkan will be part of the forum.
"We would anticipate a growth of over 23 percent this year at industry level, therefore many of the SLASSCOM companies are now gearing for their next phase of growth," Ratnayake said.
"Listing on the Stock Market would create avenues for companies to raise funds for this growth acceleration and will provide the general public an opportunity to participate in this very exciting growth phase of the industry, as investors."
A business forum will be held March 05, at the Dialog Future World Auditorium, from 08.30 am to 11.00 am the Colombo Stock Exchange and ri Lanka Association of Software and Service Companies (SLASSCOM) said.
CSE chief executive Rajeeva Bandaranaike, -President of Copal Amba Asanka Herath and SLASSCOM chairman Madu Ratnayake will also speak at the event.
The forum is targeting chief executive officers and chief financial officers of potential-issuer companies.
"Listing on the Stock Exchange helps a company enhance its corporate profile and gives it a competitive advantage, while helping the company increase its worth by attracting strategic investors and high value employees," Bandaranaike said in a statement.
"These benefits boost the prestige of a company and can thereby be utilized to fund the next stage of a company's expansion strategy."
A panel made up CSE director Ray Abeywardena, AGM-regulatory affairs-CSE Renuke Wijayawardhane, deputy director general SEC Dhammika Perera moderated by SLASSCOM executive director Imran Furkan will be part of the forum.
"We would anticipate a growth of over 23 percent this year at industry level, therefore many of the SLASSCOM companies are now gearing for their next phase of growth," Ratnayake said.
"Listing on the Stock Market would create avenues for companies to raise funds for this growth acceleration and will provide the general public an opportunity to participate in this very exciting growth phase of the industry, as investors."
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