Sri Lanka’s stock market has grown by leaps and bounds since the end of the civil war in 2009. But while major upgrades to trading infrastructure are well under way, legislation governing the sector – particularly regarding the regulatory body, the Securities and Exchange Commission of Sri Lanka (SEC) – has at times failed to keep pace....
THE COMPANY: Established in 1969 Commercial Bank of Sri Lanka is the largest private sector commercial bank in the country, and the only Sri Lankan banking sector counter represented in the MSCI Frontier Market Index. With a total asset base of approximately LKR816bn ($5.9bn), it has the largest...
THE COMPANY: Dialog Axiata (Dialog), a subsidiary of Axiata Group was incorporated in 1993 and subsequently converted to a public limited liability company in 2005, listing its ordinary shares on the Colombo Stock Exchange (CSE). Dialog Axiata currently holds the market leadership position in Sri...
THE COMPANY: Hemas Holdings is a diversified conglomerate, established as a family-owned entity in 1948, and listed on the Colombo Stock Exchange in 2003. The group’s operations are aligned into four main business streams: Health care, with a 42% contribution to company revenues, fast-moving...
THE COMPANY: John Keells Holdings (JKH) is Sri Lanka’s largest conglomerate and holds diverse business interests. The group, which began operations as far back as the 1870s as a produce and exchange broking business, was incorporated as a public limited liability company in 1979 and obtained a...
THE COMPANY: LAUGFS Gas (LGL) is a subsidiary of LAUGFS Holdings. Established in 1994 the company entered into the liquefied petroleum gas (LPG) industry in Sri Lanka in 2001, in line with the Sri Lanka government’s move to liberalise the industry in the same year. Having consolidated itself as the...
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