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Chrissworld Limited will be listed on the Empower Board of the Colombo Stock Exchange (CSE) with effect from May 18 2021.
The company will be listing 30,000,000 ordinary voting shares and will be classified under ‘Industrials’ sector.
The listing of Chrissworld Limited is followed after a successful Initial Public Offering (IPO) held on April 27, 2021. The IPO was oversubscribed on the first day and raised Rs.56.25 million. Commenting on the listing, CEO of CSE Rajeeva Bandaranaike remarked, “We are delighted to welcome the first company listing on the Empower Board at the CSE. The Listing of Chrissworld Limited presents itself as a testament to the growing confidence placed on the capital market and the CSE. We welcome more Small and Medium Scale Enterprises (SMEs) to experience the benefits of raising capital through the stock market.”