Aitken Spence PLC rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) today and pledged to play its part in furthering the nation’s economic vision and growth. The market opening ceremony was organized to mark the first trading day for the month of August.
Making remarks on behalf of Aitken Spence, Deputy Chairman and Managing Director Mr. J M S Brito said, “We believe we are poised for growth in the years to come, and that Sri Lanka too as a whole is going through a transitional period. We look forward to a future of success for the Sri Lankan economy and will continue to pursue our part of excellence along with the CSE in order to further the nation’s economic vision and growth.”
Mr. Brito went on to state that being listed on the CSE gives the company visibility, credibility, transparency, accountability and governance. He added “We have developed a strong relationship with the CSE since listing in 1983. The CSE has been instrumental in enabling the company to inspire confidence in all stakeholders, not only in the local context, but also in the highly competitive global marketplace.”
Speaking at the event, Mr. Vajira Kulatilaka, the Chairman of CSE commended the active contribution of Aitken Spence to the Sri Lankan capital market over the years. He also went on to state that the company is a key stakeholder in the business sector at-large, with its diverse business interests and long-standing international affiliations.
Commenting on the role of Aitken Spence going forward, he also said “Based on recent economic developments it is quite apparent that the government is committed to improving macroeconomic indicators, which will benefit export oriented companies such as Aitken Spence. The company will have an important role to play in fostering export-led growth in the country.”
Mr. J M S Brito was accompanied by Executive Directors at Aitken Spence Dr. Rohan Fernando and Dr. Parakrama Disssnayake. The CSE was represented by Chairman Mr. Vajira Kulatilaka, CEO Mr. Rajeeva Bandaranaike and the Senior Management.
Aitken Spence PLC is among Sri Lanka’s leading and most respected corporate entities with operations in South Asia, the Middle East and Africa. With a heritage spanning over 150 years, it has major interests in hotels, travel, maritime services, logistics and power generation. The group also has a significant presence in plantations, printing, financial services, insurance, information technology and garments. Aitken Spence is the only company to be recognized as a “Best Corporate Citizen” by the country’s leading chamber of commerce for 10 consecutive years.