CT Smith Holdings Ltd brings in Hong Kong-based investor

CT Smith Holdings Ltd brings in Hong Kong-based investor
Sunday Times
Sunday Times - Official Website of The Sunday Times Newspaper in Srilanka

 

 

CT Smith Holdings Ltd has concluded a tie-up with the Hong Kong based CLSA Singapore Holdings, the company said on Monday.

The CLSA has made a 25 per cent equity investment in CT Smith Holdings thereby increasing their existing 20 year partnership.

While CT Smith Holdings operates the capital market business, CLSA is said to be Asia’s leading and longest-running independent brokerage and investment group.

CLSA and CT Smith Holdings will benefit from combined product and service offerings particularly in relation to equity research, execution and capital markets advisory in Sri Lanka.

Both groups have agreed to join hands in terms of research and equity capital markets capabilities. (SD)

 

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