PCH Holdings to be listed at the Colombo Stock Exchange
PCH Holdings Ltd will listed at the Colombo Stock Exchange by way of
private placement. “We are listing the holding company by introduction.
We have received the approval from the Securities and Exchange
Commission (SEC). The purpose of the listing is to capitalize on the
appetite for PCH shares in the market. With the listing the public will
be able to buy shares by the end of this week or on Monday, PCH Group
Chairman S.H.M. Rishan told Daily News Business.
“The company performance for the past five months was encouraging.
The PCH Holdings posted PAT of Rs 1.4 billion for the last year. We
target to exceed this figure during the current year, he said. The
public response for PCH shares is good. As we are more in to providing
IT solutions. We see a promising business this year. We have invested on
solution based businesses including ERP solutions and anticipate healthy
growth by the end of this year,” Rishan said.