August 10, 2023
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5min
      The much-awaited Initial Public Offering (IPO) of Ordinary Voting Shares of Agarapatana Plantations Limited will open today, 10th of August, at 9.00 a.m. Being one of the leading plantation companies in Sri Lanka with a strong foundation in sustainable agriculture and operations, supported by renewable energy and numerous ethical trade partnerships, the […]

May 12, 2022
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2min
    Thursday 12th May 2022, Colombo: Luminex Limited has announced their plans for a LKR 250 Million initial Public Offering (IPO) of 31,250,000 ordinary shares at LKR. 8/- per share, that will be postponed until 19th of May 2022. The postponement comes in the light of the current unrest in the country and at […]

February 8, 2022
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6min
      The shares of Hela Apparel Holdings Limited (CODE: HELA-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. The shares have been listed on the Main Board of the CSE under the “Consumer Durables & Apparel” sector. The occasion was marked with a special Bell Ringing Ceremony. Representing Hela Apparel Holdings, Chairman A.R. Rasiah and Group CEO Dilanka Jinadasa graced the occasion, together with […]

February 2, 2022
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3min
        Sarvodaya Development Finance (SDF), in its first earnings release since its IPO, announced excellent financial performance for the first 9 months of FY 2021/22, ended 31st December 2021. Compared against the same period in the year prior, the Company recorded a total profit growth of 48% or LKR 118 million, while […]

January 27, 2022
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3min
        26th January 2022, Colombo: Hela Apparel Holdings (the holding company of the Hela Clothing Group) made history this month with the successful oversubscription of the largest initial public offering (IPO) in the past decade. The IPO, which sought to raise Rs. 4 billion through the issue of new shares, was oversubscribed […]


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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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