HSBC appointed co-banker for Textured Jersey IPO

Wednesday, 29 June 2011 00:48 - - {{hitsCtrl.values.hits}}

HSBC has been appointed as a co-banker for the Textured Jersey Lanka Ltd.’s initial public offering.

The initial public offering of Rs. 1.2 billion will offer 80 million ordinary voting shares at Rs. 15 per share and will be available for subscription from 27 June 2011 and will open on 7 July 2011.

If fully subscribed, the new shares will amount to 12.21% of the issued and paid up ordinary shares of the company, subsequent to the issue.

HSBC will provide the full range of solutions required for an IPO including the collection of applications, clearing of cheques and other instruments as well as processing the refunds after allotment.

With over 140 years of international experience and over 7,500 offices in 87 countries, HSBC offers a full range of banking facilities to its corporate clientele including comprehensive cash management solutions.

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.