Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

Submit Post
සිංහල පරිවර්තනය
Search
 
 

Display results as :
 

 


Rechercher Advanced Search

Latest topics

» VONE , is it time to sell or holds
by 2017 Cse Today at 6:15 pm

» The Stock Chat by EquityChamp
by DS Wijesinghe Today at 5:43 pm

» COMD net assets value
by Dietoday Today at 3:28 pm

» Rupee depreciation and foreign investment
by TuTanKaman Today at 2:13 pm

» AEL @ 19.60
by mtsfernando Today at 11:17 am

» COCR can be attractive
by suku502 Today at 10:33 am

» ALHP WILL MOVE UP SOON
by cse_eagle Today at 10:07 am

» Sampath Bank PLC - A giant awakening
by DS Wijesinghe Today at 9:08 am

» FUTURE GEMS.....
by EquityChamp Today at 7:04 am

» Dividend payments
by alphamm Mon Apr 23, 2018 9:52 pm

» MGT & REEF ????
by Ran49 Mon Apr 23, 2018 8:06 pm

» UBC KEEP WATCHING
by Ran49 Mon Apr 23, 2018 8:04 pm

» COCR will be a silent runner
by suku502 Mon Apr 23, 2018 1:33 pm

» Orient Finance PLC- possible future star
by DS Wijesinghe Thu Apr 19, 2018 10:29 pm

» Companies to invest long term
by EquityChamp Thu Apr 19, 2018 6:56 pm

» Blue Chip Companies
by glad Wed Apr 18, 2018 7:22 am

» WHAT HAPPENED TO DIST?
by EquityChamp Tue Apr 17, 2018 6:51 pm

» JINS Share Repurchase
by EquityChamp Tue Apr 17, 2018 7:03 am

» LIOC N.........................
by EquityChamp Mon Apr 16, 2018 1:54 pm

» Abans finance PLC in deep trouble?
by Wimal Modawansa Fri Apr 13, 2018 8:03 pm

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Ray of hope for Colombo Stock market

Ray of hope for Colombo Stock market

Go down  Message [Page 1 of 1]

1 Ray of hope for Colombo Stock market on Sat May 06, 2017 4:07 pm

Quibit

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Ray Abeywardena as the Chairman of the Board of Directors of the CSE with effect from 5th May 2017.
Abeywardena succeeds Vajira Kulatilaka, who steps down as the Chairman on the conclusion of the customary three year term.

Ray Abeywardena is the Managing Director of Acuity Partners (Pvt) Ltd and has over 30 years of extensive experience in the Sri Lankan Capital Market, primarily as a Stock Broker and since 2009 as an Investment Banker.

Having begun his career as a Trainee Stock Broker in 1986 at Forbes & Walker Ltd, he progressively moved up the corporate ladder and was appointed as the Managing Director of the firm in 1998.
In 2001, he was instrumental in setting up DFCC Stockbrokers (Pvt) Ltd and served as Managing Director/CEO of the Firm.
With the formation of Acuity Partners (Pvt) Ltd in 2009, he was appointed CEO of the Firm and since 2012 serves as the Managing Director.
Abeywardena has participated in many Investment Forums both locally and internationally and has served on various sub-committees of the Colombo Stock Exchange. He was appointed to the Board of Directors of the Colombo Stock Exchange in 2013 and presently serves on the sub-committees pertaining to Market Development, Risk & Audit and Rules. He is also a past Chairman of the Colombo Stock Brokers Association.

Abeywardena is presently the Chairman of Acuity Stockbrokers (Pvt) Ltd and Acuity Securities Ltd. He also serves as a Director on the Boards of Lanka Ventures PLC, Soft Logic Life Insurance PLC, Guardian Acuity Asset Management Ltd, LVL Energy Fund Ltd and the Central Depository Systems (Pvt) Ltd.
Abeywardena is a member of the Chartered Institute of Marketing (UK) and holds a Master’s Degree in Business Administration from the University of Wales.

2 Re: Ray of hope for Colombo Stock market on Sun May 07, 2017 12:08 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
Welcome Quibits posittive comments atleast now.

3 Re: Ray of hope for Colombo Stock market on Sun May 07, 2017 8:29 am

Ryan Hudson


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

TPG turns away from Sri Lanka state airline as political instability mounts

 TPG, a US based private equity firm that was in talks to invest in state-run SriLankan Airlines had decided not to invest in the loss-making carrier as they have better things to do with their money.

"…[R]egrettably, TPG have informed us hey will not pursue a potential investment in Sri Lankan Airlines," Chairman Ajit Dias told staff in a memorandum seen by EconomyNext.
"It is their opinion that allocating the human and financial resources to make the airline profitable will not realize sufficient returns, compared to the many other new investment opportunities that are available to them."
Dias told staff that the Sri Lanka government is "pursuing other options in finding a partner" and staff to make efforts to improve performance.
SriLankan Airlines had suffered heavy losses about a billion US dollars in losses after ex-President Mahinda Rajapaksa terminated a deal with then managing shareholder Emirates over a tiff involving bumping paying passengers to accommodate a presidential entourage.
A new administration that came into power in 2015, changed the board and sacked ex-President Rajapaksa's brother-in-law as chairman amid allegations of mis-management and fraud.
SriLankan has continued to make losses despite low fuel prices and growing tourist arrivals though some excess costs have been trimmed by new management. 

4 Re: Ray of hope for Colombo Stock market on Sun May 07, 2017 8:32 am

Ryan Hudson


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
[size=32]Rs. 330 mn for vehicles of Ministers and two officials while fools like yahapalana go shopping for pissu my3 and ranil[/size]
2017-05-06 11:05:11
 15
 6203

     


The government yesterday sought parliamentary approval for a supplementary estimate to cover Rs. 330 million for the purchase of vehicles for three cabinet ministers, three state ministers, a Provincial Governor and a Secretary to the Prime Minister.
Among them, Rs. 43 million is for the purchase of a vehicle for Foreign Employment Minister Thalatha Athukorala, another Rs. 42 million for Provincial Councils and Local Government Minister Faiszer Musthapha and Rs. 43 million for National Co-Existence, Dialogue and official Language Minister Mano Ganesan.
A further Rs. 43.7 million has been allocated for the purchase of a vehicle for city planning and water supply State Minister Sudarshani Fernandopulle, Rs. 43 million for Fisheries and Aquatic Resources Development State Minister Dilip Wedaarachchi and the balance payment of Rs. 29 million for the purchase of a vehicle for Skills development and vocational training State Minister Palitha Range Bandara.
Meanwhile, Rs. 43 million has been allocated for the purchase of a vehicle for Eastern Provincial Council Governor Austin Fernando and another Rs. 43 million to purchase a vehicle for the use of Secretary (Parliamentary Affairs) to the Prime Minister’s office.
The estimate also sought approval to cover foreign travel expenses of Foreign Affairs Ministry and Telecommunication and Digital Infrastructure Ministry amounting Rs. 23.6 million and Rs. 0.9 million respectively.
A supplementary allocation of Rs. 10 million was also sought for the Expenditure on repairs and maintenance of official residence of Provincial Councils and Local Government Minister Faiszer Musthapha. (Ajith Siriwardana)

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum