Sri Lanka Stock Picks

Sri Lanka stock picks site has been developed to give first hand information with regard to share trading opportunities available for investors who do not like go through lengthy research reports, calculations,etc but to have a clear idea about stocks that have future up side potential.Our service is just not for day traders but for the investors who wish to see their money growing in the long run.Our main objective is to provide information relating to trading under one roof.

Tuesday, May 24, 2011

Tokyo investors eager to invest in listed companies

By Jithendra Antonio

Another group of Tokyo-based investors with investments worth Rs.1 billion will be in town next month, in addition to the team from Tokyo AIM (a subsidiary of the Tokyo Stock Exchange) presently visiting the country, New World Securities (NWS) official said.

A key investor and a director at NWS, Mangala Boyagoda speaking to Mirror Business said, the investors who are supposed to visit the island will explore opportunities in investing in local listed companies.

“They are hoping to invest about Rs. 1 billion,” he said adding that the team from TSE will be initially
exploring opportunities and possibilities of making Sri Lankan companies be listed in Tokyo Stock Exchange (TSE).

Boyagoda further noted that the team from Tokyo AIM will be meeting Securities and Exchange Commission (SEC), Colombo Stock Exchange (CSE) and the Central Bank officials today. They are expected to leave the country on May 25.

source - www.dailymirror.lk