Finance Listing

May 06, 2010 (LBO) - Sinhaputhra Finance, a regulated non-bank financial firm based in Sri Lanka's hill country city of Kandy, has been given the nod for a listing on its second board, the Colombo Stock Exchange said.
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The firm will list 6,295,893 shares, the CSE statement said without elaborating.
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The firm will be listed by an introduction process, which means a minimum block of stock do not have to be offered initially.

The firm was established in 1978.

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The company had 3.4 billion rupees in gross asset and 438 million rupees in net assets as of March 2009, and public deposits of 2.
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1 billion rupees, according to information posted on its website. Regulators have encouraged Sri Lanka's registered finance companies to list in the stock exchange to encourage transparency and governance.
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