CSE conducts awareness drive for SMEs in Kandy | Sunday Observer

CSE conducts awareness drive for SMEs in Kandy

19 September, 2021

The Colombo Stock Exchange (CSE) concluded the fifth virtual forum organised as part of an awareness drive for Small and Medium Enterprises (SME) islandwide. 

The event, which was held for SMEs in Kandy, attracted over 25 companies. The series of virtual forums is hosted by CSE to promote the advantages of listing on the Empower Board. The Kandy forum follows ones organised for SMEs in Matara, Negombo, Anuradhapura and Jaffna over the past months.

SMEs are a key contributor to the Sri Lanka Gross Domestic Product (GDP). The objective of the series is to encourage SMEs to understand the availability of an alternative method to raise capital and to illustrate the wealth of opportunities provided by listing on the Empower Board. Managing Director of Atarah Capital Partners (Pvt) Limited, Rohan Senewiratne outlined the listing process, why an SME should list on the Empower Board and the role of a sponsor. Managing Director of Chrissworld Limited, Suraj Surwaweera shared the company’s experience in the listing process.

Manager of the Kandy Branch, CSE, Dhananjaya Abeysiriwardana joined the guest speakers in a Question-and-Answer session.

CSE has indicated strong growth in terms of Capital Raising in 2021 and has facilitated 30 new listings, including the highest number of equity IPOs that the CSE has facilitated since 2014.