CSE, CSBA host second event showcasing S&P SL 20 companies
View(s):The second event in the series launched by the Colombo Stock Exchange (CSE) in association with the Colombo Stock Brokers Association (CSBA) to showcase S&P SL 20 companies to an exclusive audience of local institutional and high net-worth investors was recently held at the Taj Samudra Hotel.
The event featured investment case presentations and discussions on Access Engineering PLC and Seylan Bank PLC while research on the two companies was also distributed by John Keells Stock Brokers and Capital TRUST Securities, respectively, the CSE said in a media release
Managing Director Christopher Joshua and Manager – Business Development Shanaka Fernando represented Access Engineering PLC at the presentation and discussion on the company which was moderated by the Head of Research at John Keells Stock Brokers Navin Ratnayake.
Seylan Bank PLC was represented by Chief Financial Officer Ms. Champika Dodanwela and AGM – Finance Nirmal Costa at the presentation and discussion, which was moderated by the Head of Research at Capital TRUST Securities Charitha Gunasekere.
Commenting on the initiative, CSE CEO Rajeeva Bandaranaike stated “The market at present offers attractive valuations and sound buying and diversification opportunities, which have been supported by the encouraging performance our listed companies have maintained in the recent past. We are pleased to continue to create this platform where such opportunities are showcased to local institutional investors and high net-worth investors, which are key segments in our investor base”.
CSBA President Prashan Fernando said: “The aim (of this event) is to educate the investors by bringing selected companies from the S&P SL 20 Index where an in-depth analysis of the respective companies are presented, by the management of those respective companies themselves”.