Lanka ORIX Leasing Company PLC (LOLC) rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) last week.
Chairman of CSE, Vajira Kulatilaka speaking at the event stated “We thank the LOLC Group for taking part in this market opening ceremony, which marks the first day of trading for the month of March. I’m proud to see how LOLC has excelled in many industries and cemented its position as a true conglomerate”.
Kulatilaka commended LOLC’s continued commitment to SME and regional development through the company’s Micro Lending facilities and invited the company to showcase its credentials at foreign roadshows organized by the CSE in future.
Speaking at the event, Kapila Jayawardena, Managing Director/CEO at the LOLC Group stated “We will be committed to support the CSE by investing and expanding our presence in the market. LOLC has a strong presence in the CSE through our 12 listed companies and that will only continue to grow as we expand our reach both locally and internationally.”
LOLC Group Managing Director/CEO Kapila Jayawardena, Chief Operating/Legal Officer Kithsiri Gunawardena, Chief Financial Officer Mrs. Sunjeevani Kotakadeniya, Chief Information Officer Conrad Dias and LOLC Securities CEO Sriyan Gurusinghe represented the LOLC Group at the ceremony. CSE’s Chairman Vajira Kulatilaka, Director Moksevi Prelis and CEO Rajeeva Bandaranaike were also present at the event.
Market Opening Ceremonies are conducted by the CSE to serve as a platform to generate exposure for listed companies as they celebrate important milestones in the capital market.