Sri Lanka’s RIL Property Ltd IPO of 120 million shares at Rs. 8 per share, which opened at the Colombo Stock Exchange on Tuesday, was oversubscribed within minutes of its opening.
The company was planning to raise Rs. 960 million from this offer. The oversubscription on the opening day itself of an IPO has been a regular, recent occurrence on the exchange. – ENDS -
The final rites of veteran broadcaster, writer, and lyricist Nirmala de Alwis will be held today at Peradeniya.
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