Archive for the ‘Initial Public Offering’ Category
Trade Finance and Investment Limited (TFIL) incorporated in 1978 is a registered finance company with an asset value of Rs.718m. TFIL earnings grew yoy 29% in FY11 featuring 18x trailing PER and 2.9x PBV. Main business lines of TFIL include finance leases, hire purchase, security loans, personal loans and acceptance of fixed deposits. The company [...]
OVERVIEW Central Investments & Finance Limited (CIFL) is the investment banking outfit that carries the stamp of solidarity and reliability of its parent Aspic Corporation Limited an emerging force in the Sri Lankan corporate spectrum. Strength, integrity, efficiency, professional expertise quantifies the difference that CIFL is a leading Investment Company headquartered in Sri Lanka completely [...]
BMS forecasts Net Revenue to grow by 11.0% YoY for FY 2012E We expect Textured Jersey Lanka PLC (TJL) to record a top line of LKR 10,304mn for FY 2012E and LKR 11,370mn in FY 2013E. We believe TJL’s technical expertise and the expected growth in knitted garment exports to drive revenue growth. TJL’s success [...]
Textured Jersey Lanka Limited [TJL: LKR15.0], has announced its Initial Public Offer of 80mn shares at LKR15.0 per share, with the expectation of raising LKR1.2bn. TJL, being one of the largest knit fabric manufacturers in Sri Lanka, is backed by two globally acclaimed apparel industry leaders; Pacific Textile Holdings & Brandix Lanka Limited. TJL was [...]
Textured Jersey Lanka Limited is jointly owned by Pacific Textile Holdings Limited through its wholly owned subsidiary, Pacific Textured Jersey Holdings Limited holding 45.6% of the Company and Brandix Lanka Limited holding 34.3%. The remaining 20.1% stake is owned by the public. Pacific Textiles Holdings Limited is a listed Company in the Hong Kong with [...]
Textured Jersey Lanka Limited (TJL) is a manufacturer of weft knitted fabrics used by garment manufacturers. It was formed in August 2001 as a result of a joint venture between Mas Holdings (MAS), Brandix Lanka Limited and Textured Jersey UK Limited to provide quality focused highly customized fabrics to their major buyer, Marks & Spencer(M&S) [...]
Textured Jersey Lanka (Private) Limited (Textured Jersey or the Company), whose majority shareholders are Pacific Textured Jersey Holdings Limited, a fully owned subsidiary of Pacific Textiles Holdings Limited of Hong Kong (Pacific Textiles), and Sri Lanka’s Brandix Lanka Limited (Brandix Lanka), today launched its Initial Public Offering (IPO) to the value of Rs 1.2 billion. [...]
Plans for expansion via Rs.1.2 billion IPO after In FY 2011 revenue up 15% to $ 83.2 m and a net profit after tax up 23% $ 6.1m Apparel sector bullish Chief Ashroff Omar says companies must grow to become regional players By Uditha Jayasinghe The Rs.1.2 billion Initial Public Offering (IPO) of Textured Jersey [...]
Vallibel One Limited [VOL : LKR25.0], after a successful private placement of 196 mn shares in January 2011, has announced its Initial Public Offer of 21.3 mn shares at an offer price of LKR25.0 expecting to raise LKR532.8 mn. These shares are to be issued to the public starting from the 21st of June 2011 [...]
Textured Jersey Lanka Limited (Company), a joint venture between Pacific Textured Jersey Holdings Limited, a fully owned subsidiary of the Hong Kong listed Pacific Textiles Holdings Limited (Pacific Textiles), and Sri Lanka’s Brandix Lanka Limited (Brandix Lanka), has been granted approval by the Colombo Stock Exchange (CSE) for a listing on its Main Board. The [...]
Softlogic Holdings Limited’s [SHL: LKR29.0] origin lies in the Information & Communication Technologies (ICT) industry, where it started operations in 1991 as a small software development company by providing hardware and software solutions to varying segments of the Sri Lankan market. Softlogic Group has since expanded into six key sectors of the economy namely, ICT, [...]