November 23, 2021
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2min

 




 

 

November 23, 2021: Capital Alliance Limited (CALT) will list its equity shares on the Colombo Stock Exchange (CSE) via an Initial Public Offering tomorrow. The CALT IPO has gained significant traction and is highly anticipated by investors.

CALT offers 41,177,236 ordinary shares for a 12.5% stake to the public, priced at LKR 10 per share. The IPO price per share provides a discount of 18.64% to an incoming investor compared to the Rs.12.29 price per share derived by the Independent Valuer, Ernst and Young Transaction Advisory Services.

An attractive average dividend yield of 9.65% encourages investors to hold the share for the longer term. The proceeds raised via the IPO will be utilised to strengthen the Company’s core capital, allowing CALT to expand its investments into a range of specific financial instruments. Capital Alliance Partners Limited is the Manager and Financial Advisor to the issue.

CALT is one of the five non-Bank Primary Dealers in the country. It forms the Securities Trading arm of the wider Capital Alliance Group (CAL), which deals in an array of Government Securities and Corporate Debt Securities. Established in 2000, CAL is a full-service Investment Bank in Sri Lanka that caters to a diverse network of family businesses and institutional clientele. Its expertise in capital markets has translated into the services offered to its clients, including Equity and Debt Advisory, Stockbroking, Fund Management, Private Equity and Securities Research services.

 

 

 



 

 

 


September 20, 2017
MillenniumIT.jpg

3min
  • Oracle Sales Cloud to manage single source on boarding
  • Integration with Colombo Stock Exchange for Customer experience
  • Customer 360-degree view across all business units

MillenniumIT, a Platinum level partner in the Oracle Partner Network (OPN) recently implemented Oracle Sales Cloud; a Customer Relationship Management solution with Master Data Management Capabilities for Capital Alliance Holdings Limited (CAL).

CAL is a pioneer investment banker and primary dealer with the Central Bank of Sri Lanka. The implementation allows all subsidiaries of CAL; Capital Alliance Treasury; Unit Trust Management; Equity (Capital Markets); and Corporate Finance Business the agility to downstream trading and transactional information across their business platforms. The solution is designed to enhance productivity and predictability through intuitive forecasting, improve collaboration within the sales teams, streamline partner relationship management through a simplified portal, optimise sales performance through automated processes, and integrate customer data management in real time.

Oracle Sales Cloud was selected to help optimise CAL’s sales efficiency, assist their team with insightful and collaborative selling, and facilitate the team’s aggressive pipeline creation while further enabling the sales force at CAL with the mobility of real time automation to update vital data on-the-go. Additionally, Master Data Management has provided the organisation with a comprehensive platform that delivers consolidated, consistent, and authoritative master data while providing a single channel for customer on boarding, enhancing the customer and client business relationship and overall experience.

Ajith Fernando, Managing Director Capital Alliance Limited said: “Thanks to Oracle Sales Cloud we have managed to centralise our customer on boarding process and streamline our compliance, ‘Know Your Customer’ validations and approvals for all our downstream trading and transactional platforms. “

Faiq Faaiz, Managing Director MillenniumIT said, “We are extremely happy to be the first in Sri Lanka to implement Oracle Sales Cloud for one of the country’s leading investment banks. This solution will undoubtedly enhance their customer relationships and give them an added advantage in their day-to-day financial summaries.”

Chandita Samaranayake, Head of Applications Oracle Sri Lanka said, “In today’s dynamic sales environment, it is important to be able to meet your customer’s expectation quickly. Oracle Sales Cloud can give CAL the completive edge to stay ahead of the competition by empowering their sales teams with fast, easy and modern tools.”



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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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