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CSE Chief Executive Officer (CEO) Rajeeva Bandaranaike[/caption]
Chrissworld Ltd. will be listed on the Empower Board of the Colombo Stock Exchange(CSE) with effect from 18 May 2021. The company will be listing 30,000,000 ordinary voting shares and will be classified under the “Industrials” sector.
The listing of Chrissworld Ltd. (CWL) follows a successful Initial Public Offering (IPO) held on 27 April 2021. The IPO was oversubscribed on the first day itself and raised Rs. 56.25 million.
Commenting on the listing, CSE Chief Executive Officer (CEO) Rajeeva Bandaranaike remarked: “We are delighted to welcome the first company listing on the Empower Board at the CSE. The listing of Chrissworld Ltd. 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.”
CWL is an SME that provides professional services primarily in inventory management, warehousing, distribution/transportation, and value-added services for corporate clients in different industries, as well as to individuals that require such services. The parent company of CWL is Chrisslogix (Pvt.) Ltd., currently holding 96.66% of the ordinary voting shares in the company.
CSE Chief Executive Officer (CEO) Rajeeva Bandaranaike[/caption]
Chrissworld Ltd. will be listed on the Empower Board of the Colombo Stock Exchange(CSE) with effect from 18 May 2021. The company will be listing 30,000,000 ordinary voting shares and will be classified under the “Industrials” sector.
The listing of Chrissworld Ltd. (CWL) follows a successful Initial Public Offering (IPO) held on 27 April 2021. The IPO was oversubscribed on the first day itself and raised Rs. 56.25 million.
Commenting on the listing, CSE Chief Executive Officer (CEO) Rajeeva Bandaranaike remarked: “We are delighted to welcome the first company listing on the Empower Board at the CSE. The listing of Chrissworld Ltd. 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.”
CWL is an SME that provides professional services primarily in inventory management, warehousing, distribution/transportation, and value-added services for corporate clients in different industries, as well as to individuals that require such services. The parent company of CWL is Chrisslogix (Pvt.) Ltd., currently holding 96.66% of the ordinary voting shares in the company.