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People’s Insurance Ltd., a wholly owned subsidiary of People’s Leasing and Finance Plc, will be the latest entity to be listed on the Colombo Stock Exchange.
The CSE has in principle approved the application for its listing of 200 million ordinary shares shortly. Through the IPO, People’s Insurance will offer 50 million shares at Rs. 15 each with the total value being Rs. 750 million. The public can subscribe to the IPO from 7 December whilst its official opening is on 16 December. Joint financial advisors for the IPO are NDB Investment Bank Ltd., Acuity Partners Ltd. and People’s Bank’s Investment Banking Unit.
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.