The Securities and Exchange Commission of Sri Lanka (SEC) and the High Commission of Sri Lanka in Singapore have organized a road show targeting overseas Fund Managers based in Singapore to promote investments into the capital market of Sri Lanka next wek, a press release by the SEC said.
“Sri Lanka is poised to enter an era of economic growth and prosperity with the end of the war and the return of investor confidence.
As such this forum marks the first step in a series of events targeted at promoting capital market investments,” the release said, adding this forum has generated an overwhelming response from fund managers based in Singapore. “We were targeting around 100 but have already over 125 confirmed participants which demonstrates the renewed interest in the capital market of the country,” it quoted Udayasri Kariyawasam, Chairman of the SEC as saying.
The Sri Lankan delegation will include Dr. Sarath Amunugama, Minister of Public Administration and Home Affairs and Deputy Minister of Finance and Planning, Governor, Central Bank of Sri Lanka, Chairman and Director General of the SEC, Chief Executive Officers of the Colombo Stock Exchange (CSE), members of the stock broking community and representatives of custodian banks.
The release said that a luncheon meeting will be held on Thursday November 26 at the Fullerton Hotel for the investors in Singapore followed by presentations from John Keells Holdings PLC, Commercial Bank of Ceylon PLC and National Development Bank PLC.