The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with stock brokers in Sri lanka (CSE Member Firms) and leading listed companies was held yesterday (October 16) at the Sofitel New York receiving an unprecedented response from the Investor Community in New York.
The Invest Sri Lanka Investor Forum series is steered with the objective of promoting investment in Sri Lanka among institutional investors and to build strong interest among the investor community based in key global financial hubs.
CSE’ decision to host the Invest Sri Lanka event in New York, comes on the back of considerable foreign activity in share market investments in Sri Lanka during 2017. There has been a net foreign inflow of Rs. 40 billion recorded year-to-date in the primary and secondary markets.
“Foreign investors have shown confidence towards investing in Sri Lanka as they feel that most counters are undervalued and offer significant upside in the medium term” commented the Director/Chief Executive Officer of First Capital during an interview given in early September 2017.
First Capital is an investment bank offering independent advice and transaction execution relating to capital raising and other strategic needs including mergers and acquisitions for investment in Sri Lanka. The Company’s industry leading transactions are reflective of the ingenuity in enabling the most opportune financing processes for our clients. First Capital’s services for investment in Sri Lanka include a total service for public offers of corporate debt, acting in the capacity of managers/ financial advisors and placement agents, in addition to due diligence, pre-offer preparation, offer management, distribution strategy and after-market advisory services, initial public offerings, secondary offerings such as rights issues, corporate actions including mandatory and voluntary offers, private placements and at-market placements of listed securities.