The shares of Hatton Plantations Ltd (CODE: HPL) commenced trading on the Colombo Stock Exchange (CSE) today. The shares, which were listed by way of an introduction on the Diri Savi Board of the CSE have been classified under the ‘Plantations’ sector. The occasion was marked through a Bell Ringing ceremony hosted by the CSE.
Chairman Mr. Sunil Wijesinha and Directors Mr. Shyam Sathasivam, Mr. B. A. Hulangamuwa, Mr. Nirmal Fernando and Mr. Lallith Ramanayake represented Hatton Plantations Ltd at the ceremony. The CSE was represented by Chairman Mr. Ray Abeywardena, CEO Mr. Rajeeva Bandaranaike and its Senior Management.
CSE Chairman Mr. Ray Abeywardena speaking at the ceremony congratulated the Board and Management at HPL on a successful listing and noted that the listing will bring about new avenues through which both the company and shareholders could mutually benefit. He also stated that the CSE is pleased to welcome the third listing of a company under the Sunshine Holdings umbrella.
HPL Chairman Mr. Sunil Wijesinha speaking at the event stated that the listing and segregation has resulted in a new opportunity for the company to formulate strategies and offer greater emphasis and focus to the tea plantations under the Sunshine Group. “I request the investing public to have faith in HPL because our company is committed to good corporate governance and strong performance management” he added.
The Colombo Stock Exchange (CSE) operates the only stock market in Sri Lanka and is responsible for providing a transparent and regulated environment where companies and investors can come together. The CSE is a company that is limited by guarantee established under the Laws of Sri Lanka. The CSE is licensed by the Securities and Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15 Members and 16 Trading Members. All Members and Trading Members are licensed by the SEC to operate as Stockbrokers. For more information, please visit: www.cse.lk.