Lists 90,000 shares under ‘Commercial and Professional Services’
By Imsha IqbalEML Consultants Ltd. commenced its trading on the Empower Board of the Colombo Stock Exchange (CSE) yesterday (27).Making the opening remarks, CSE Chief Executive Officer (CEO) Rajeeva Bandaranaike welcomed EML Consultants Ltd. while stating that over 30 listings have taken place thus far in the year 2021 raising nearly Rs. 100 billion, surpassing the Rs. 66 billion capital that was raised last year.The company listed 90,900,000 ordinary voting shares and was classified under the Industry Group “2020 – Commercial and Professional Services”.The owner, directors, and management of EML Consultants Ltd. and financial advisor and manager to the listing Atarah Capital Partners (Pvt.) Ltd. and its Managing Director Rohan Senewiratne were also welcomed to this bell-ringing ceremony. While appreciating the Securities and Exchange Commission (SEC) and the CSE for creating a dedicated listing platform for small and medium enterprises (SMEs) in the country, EML Consultants Ltd. Managing Director and Executive Director Avanthi Jayatilake stated: “We certainly will be moving into the international business area, in the region first and then we can really look into the Pacific as well as South East Asia. We would also like to compete in all types of infrastructure projects, where we can collaborate with the investors and the development partners.”Representing Atarah Capital Partners (Pvt.) Ltd., Managing Director Rohan Senewiratne congratulated EML Consultants Ltd. on the achievement while acknowledging their long years of operating history, which is in fact a requirement to earn the status of being a listed entity.Consequently, the bell ringing marked the commencement of trading of EML Consultants Ltd. at the CSE.
