Sri Lanka Telecom opens trading at CSE

Sri Lanka Telecom PLC (SLTL) opened trading on the Colombo Stock Exchange (CSE) yesterday (November 2). This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 index.

Chairman Mr. P.G. Kumarasinghe Sirisena, Group Chief Executive Officer Mr. Dileepa Wijedsundera, Chief Marketing Officer Mr. Ajantha Seneviratne, Chief Regional Officer Mr. Chinthaka Wijesooriya, Chief Corporate Officer Mr. S K Lal Ranjith, Chief Administrative Officer Mr. Priyantha Perera and Chief Financial Officer Mr. Udeni Samarathne from Sri Lanka Telecom PLC and Chairman Mr. Vajira Kulatilaka, CEO Mr. Rajeeva Bandaranaike and the Senior Management from the CSE took part in the Market Opening Ceremony.

Group Chief Executive Officer of Sri Lanka Telecom PLC Mr. Dileepa Wijedsundera stated that “Listing on the Colombo Stock Exchange apart from numerous advantages in recognition, SLT then became an entity with much interest from both foreign and local investors. Not only did it bring monetary advantages and investor confidence, but the wealth of technological experience in providing, catered the development of telecommunication industry in Sri Lanka. At the same time with the compliance of CSE listing rules SLT proceeded with the implementation of best practices in corporate governance as well as maintaining transparency throughout its activities”.

Chairman of CSE Mr. Vajira Kulatilaka stated that “The purpose of these Market Opening ceremonies is to strengthen the relationship between the Stock Exchange and listed companies.” He further stated “We should get together to promote not only SLT but help us to promote Sri Lanka and show the world that we have good companies with governance and growth opportunities and this will take Sri Lanka to a different level.” (Media Release)