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Sri Lankan shares end lower; heavyweights down

2017-01-17 lankabusinessonline
Jan 17, 2017 (Reuters) – Sri Lankan stocks closed lower on Tuesday for a second straight session as investor sentiment took a hit on political uncertainty and as yields on short-term bonds rose.

Sri Lankan shares end at 2-wk high on proposed EU trade concession

2017-01-13 lankabusinessonline
Jan 13, 2017 (Reuters) – Sri Lankan stocks ended at their highest level in two weeks on Friday, led by beverage and manufacturing shares, as sentiment improved after a European Union executive proposed that the bloc reinstates a trade concession to Sri Lanka.

Equity One PLC bids adieu to stock market

2016-11-03 bizenglish.adaderana.lk
The Colombo Stock Exchange stated that Equity One PLC, a public listed property development company has been delisted with effect from 02 November 2016. Hence, trading of Equity One PLC shares has stopped from yesterday.

Sri Lanka’s BoardPAC returns to South African Corporate Governance Conference

2016-09-12 bizenglish.adaderana.lk
BoardPAC, the Sri Lanka developed iPad-enabled board governance portal, recently participated in the annual Corporate Governance Conference of Chartered Secretaries South Africa (CSSA) for the second consecutive year, gaining further exposure to top corporate entities in that country.

Silver for Guardian Acuity Money Market Fund from CFA Institute

2016-08-08 bizenglish.adaderana.lk
The Guardian Acuity Money Market Fund won silver at the recently concluded CFA Awards night in the category of mutual funds. This was the first time that the CFA Institute recognized the mutual funds industry for their performance. The evaluation committee had laid out stringent criteria such as disclosure policies, risk management and compliance, investment process, trading practices and last but not the least formalizing practices that put the client first.

8th Annual General Meeting of the Indo Lanka Chamber of Commerce & Industry was held recently

2016-08-05 bizenglish.adaderana.lk
The Eighth Annual General meeting of the Indo Lanka Chamber of Commerce & Industry was held recently at the Taj Samudra Hotel, Colombo.

Sri Lanka’s First Dual Return Investment Plan From Guardian Acuity And Alliance Finance

2016-07-29 bizenglish.adaderana.lk
An Opportunity To Secure A Regular Income While Growing Your Capital “Alpha plus”, Sri Lanka’s first dual return investment plan is now available to investors as a result of a partnership between Alliance Finance PLC and Guardian Acuity Asset Management (GAAM), a leading Unit Trust Management Company which is part of Carson Cumberbatch PLC, HNB and DFCC banks.

Guardian Acuity launches Sri Lanka’s first dual return investment plan

2016-07-29 lankabusinessonline
“Alpha plus”, Sri Lanka’s first dual return investment plan is now available to investors as a result of a partnership between Alliance Finance PLC and Guardian Acuity Asset Management (GAAM), a leading Unit Trust Management Company which is part of Carson Cumberbatch PLC, HNB and DFCC banks.

BoardPAC at 17th ACRU Conference in Hong Kong

2016-07-12 bizenglish.adaderana.lk
BoardPAC, the Sri Lanka-developed world-leading mobile portal that facilitates paper-less decision making at board level, was showcased in Hong Kong recently at the17th Annual Corporate & Regulatory Update (ACRU) Conference. BoardPAC was the sole Sri Lankan firm at this year’s ACRU conference, attended by more than 1,600 governance, risk and compliance professionals from different sectors, as well as C-suite level members.

Sri Lankan shares post near 3-mth closing low on policy uncertainties

2016-07-05 bizenglish.adaderana.lk
Reuters – Sri Lankan shares fell for a 10th session in 11 and posted their lowest close in nearly three months on Monday, due to worries about the imposition of a capital gains tax on equities and rising interest rates, brokers said.

Guardian Acuity Money Market Fund offers 11.37-pct annualized return

2016-06-22 lankabusinessonline
The Guardian Acuity Money Market fund which is more than four years old has returned 48.44% to its investors. This is an annualized return of 11.37%. The fund invests in government securities, fixed deposits and commercial papers and provides for easy withdrawals with no penalties for withdrawals.

Guardian Acuity Money Market Funds offers option to take advantage of current interest rates outlook

2016-06-22 bizenglish.adaderana.lk
The Guardian Acuity Money Market fund which is more than four years old has returned 48.44% to its investors. This is an annualized return of 11.37%. The fund invests in government securities, fixed deposits and commercial papers and provides for easy withdrawals with no penalties for withdrawals.

Sri Lanka’s listed Shalimar and Indo Malay to sell two estates

2016-06-17 lankabusinessonline
June 16, 2016 (LBO) – Sri Lanka’s listed Shalimar and Indo Malay have entered into a deal to sell two estates to a Malaysian company subject to certain conditions.

Sri Lankan shares end 1 pct lower on move to tax capital gains

2016-06-16 bizenglish.adaderana.lk
Reuters – Sri Lankan shares fell 1 percent on Thursday to hit their lowest closing level in more than seven weeks as concerns over a government decision to reintroduce capital gains tax kept investors on the sidelines.

Singtel partners BoardPAC to offer innovative Sri Lankan technology in Singapore

2016-06-14 bizenglish.adaderana.lk
Telco giant Singtel and BoardPAC have announced a partnership to offer the award-winning Sri Lanka-developed BoardPAC paperless meeting and corporate governance solution to companies across Singapore.