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Expo Lanka Holdings announced its IPO launch

Apr 27, 2011 6:23:02 AM - itnnews.lk

Expo Lanka Holdings Limited has announced the launch of its much anticipated Initial Public Offering (IPO).

It is to open on the 12th of next month and will see the issue of 172 million ordinary voting shares at an offer price of 14 rupees. These details were released at a news conference held in Colombo.

John Keells capital, a division of John Keells Holdings Private Limited will act as lead managers to the issue while CT Capital Private Limited will act as joint managers to the issue