The market opening ceremony was organised by the CSE to mark the first trading day for PIL’s shares since its Initial Public Offering (IPO) in 2015.
People's Insurance Limited Chairman Mr. Jehan P. Amaratunga, People's Insurance Limited Managing Director Mr. D.P. Kumarage, Peoples Bank Head of Treasury & Investment Banking Mr. Clive Fonseka, Acuity Stock Brokers (Pvt) Ltd Managing Director Mr. Ray Abeywardena, NDB Investment Bank CEO Mr. Darshan Perera, CSE Chairman Mr. Vajira Kulatilaka and CSE CEO Mr. Rajeeva Bandaranaike took part in the Market Opening Ceremony.
Speaking at the event, Mr. Jehan P. Amaratunga, Chairman at People's Insurance Limited stated “We are proud to be the latest addition to the Colombo Stock Exchange and are optimistic about the growth potential the market holds for the company.”
He further stated “We would also like to make a commitment to our shareholders that we as an organization will work towards upholding their aspirations and lift People's Insurance to achieve greater heights.”
Mr. Vajira Kulatilaka, Chairman of CSE speaking at the event stated “I congratulate PIL for achieving what has been a successful listing.
PIL is an example of a well-planned and executed IPO and makes a case for companies that hold an interest in listing in future.”
Commenting on the Market Opening Ceremony initiative by the CSE he stated “Market Opening Ceremonies are conducted by the CSE to serve as a platform to generate exposure for listed companies as they celebrate important milestones in the capital market”.
About CSE
The Colombo Stock Exchange (CSE) operates the only stock market in Sri Lanka and is responsible for providing a transparent and regulated environment where companies and investors can come together.
The CSE is a company that is limited by guarantee established under the Laws of Sri Lanka.
The CSE is licensed by the Securities and Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15 Members and 21 Trading Members.
All Members and Trading Members are licensed by the SEC to operate as Stockbrokers.
For more information, please visit: www.cse.lk.
Photo - (L-R)
CSE CEO Mr. Rajeeva Bandaranaike, People's Insurance Limited Managing Director Mr. D.P. Kumarage, People's Insurance Limited Chairman Mr. Jehan P. Amaratunga, CSE Chairman Mr. Vajira Kulatilaka, NDB
Investment Bank CEO Mr. Darshan Perera, Acuity Stock Brokers (Pvt) Ltd Managing Director Mr. Ray Abeywardena and Peoples Bank Head of Treasury & Investment Banking Mr. Clive Fonseka.