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Businesscafe - Colombo Stock Exchange (CSE) is planning to revise the calculation methodology of All Share Price Index (ASPI) by changing the constituent weighting method from full Market Capitalization to free float-adjusted Market Capitalization. ...

Paving the Way for Success this 2022 with NDB Wealth

Published in Money
Wednesday, 12 January 2022 11:18
Businesscafe - Expert financial and wealth management planner NDB Wealth heralds the new year 2022, with much anticipation hoping that success will be at the forefront for all their loyal customers. ...
Strengthening its commitment towards enhanced customer reach and digital transformation, Union Bank recently entered into an agreement with National ICT Solutions Provider SLT-MOBITEL to bring greater banking convenience to its customers through Agent Banking services via SLT-MOBITEL mCash- the innovative mobile money platform/wallet conceptualiz...

Hela Apparel Holdings Limited Oversubscribed on the opening day

Published in Money
Wednesday, 12 January 2022 08:23
   Businesscafe - The Initial Public Offering (IPO) of Hela Apparel Holdings Limited, through an offer for subscription of 267,108,998 shares at a price of Rs. 15 per share, which opened today (12th January 2022) was oversubscribed on the initial day itself. ...

Kapruka Holdings Limited debuts trading on the CSE

Published in Technology
Saturday, 08 January 2022 03:53
Businesscafe - The shares of Kapruka Holdings Limited (CODE: KPHL-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. ...
  Businesscafe - The automated cash dispensing network of the Commercial Bank of Ceylon which comprises of ATMs and Cash Recycler Machines (CRMs) dispensed a mammoth Rs 91.872 billion in December, as Sri Lankans celebrated the festive season and prepared for 2022. ...

Kapruka IPO Eagerly Snapped Up, Oversubscribed 5.8X

Published in Technology
Wednesday, 05 January 2022 05:18
  Businesscafe - Investors eagerly snapped up shares of Kapruka Holdings Limited on Wednesday, 22nd December 2021, as soon as the issue opened at 9.am. ...
  Businesscafe - Sri Lanka’s oldest finance company, Alliance Finance Company PLC (AFC), has secured a USD 5 Mn medium term financing facility from impact investing fund, EMF Microfinance Fund AGmvK, Liechtenstein advised by Swiss based Enabling Qapital S.A. ...
Businesscafe - The shares of Co-Operative Insurance Company Limited (CODE: COOP-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on the 30th December 2021. ...
Businesscafe - The Commercial Bank of Ceylon has announced that it is starting 2022 on a rewarding note with the launch of ‘Win a Million’ – a remittance promotion that will make four instant millionaires in four months and reward another 40 recipients of remittances with a total of Rs 1 million in cash. ...