This event was yet another in a series of Market Opening Ceremonies, featuring companies from the S&P SL20 index.
Chairman Mr. Husein Esufally, Group CEO Mr. Steven Enderby and Executive Director/ CFO Mr. Malinga Arsakularatne represented Hemas Holdings PLC at the ceremony, while the CSE was represented by Chairman Mr. Vajira Kulatilaka, Director Mr. Moksevi Prelis and CEO Mr. Rajeeva Bandaranaike.
Speaking at the event, Mr. Husein Esufally, Chairman at Hemas Holdings PLC stated “Our two main reasons for listing the company at the time were to grow the business and to increase liquidity for our shareholders.
The process of listing has helped us to achieve our objectives on both fronts.”
He went on to state that being a listed company has created the platform for many strategic partnerships and has been instrumental in helping the company attract quality talent.
Mr. Vajira Kulatilaka, Chairman of the CSE commended the transformation of Hemas Holdings from a family business to a successful listed company and went on to state that startups and family businesses around the country can take Hemas Holdings as an example when going public.
Mr. Kulatilaka also thanked Hemas Holdings for the unwavering support shown towards promoting the Sri Lankan capital market through Foreign Investor Forums.
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.