Chrissworld Limited will be listed on the Empower Board of the Colombo Stock Exchange(CSE) with effect from May 18, 2021. The company will be listing 30,000,000 Ordinary Voting Shares and will be classified under ‘Industrials’ sector.
The listing of Chrissworld Limited is followed after a successful Initial Public Offering (IPO) held on April 27, 2021. The IPO was oversubscribed on the first day itself and raised Rs. 56.25 Million.
Commenting on the Listing, the CEO of CSE, Rajeeva Bandaranaike remarked, “We are delighted to welcome the first company listing on the Empower Board at the CSE. The Listing of Chrissworld Limited presents itself as a testament to the growing confidence placed on the capital market and the CSE. We welcome more Small and Medium Scale Enterprises (SMEs) to experience the benefits of raising capital through the Stock Market”.
Colombo Stock Exchange (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 15 Trading Members. All Members and Trading Members are licensed by the SEC to operate as Stockbrokers. For more information, please visit: www.cse.lk.