Softlogic attracts US$ 35 m
Sanjeevi Jayasuriya
The enthusiasm to invest in the country’s stock market for the right
investment option is still high. Softlogic Holdings was able to attract
US $ 35 million worth foreign investment at the recently concluded
initial public offering.
This is a positive trend as foreign investors show a keen interest on
investing in financially sound companies. The country is in the right
track to attract more investments with good governance and transparency,
Softlogic Holdings Chairman Ashok Pathirage told Daily News Business.
This is the first time after the Dialog IPO that high value of
foreign investors participated at an IPO. This augurs well for the
future IPOs especially where the companies have high credibility and
proven track records, he said. |