CSE to achieve targets in 2017 | Daily News

CSE to achieve targets in 2017

Asiri Hospitals Group Chairman Ashoka Pathirage participating at the market opening ceremony with CSE Chairman Vajira Kulatilake and senior officials. Picture by Wimal Karunatilake.

Asiri Hospitals to build Rs.5 bn hospital in Kandy:

The Colombo Stock Exchange (CSE )expects 2017 to be a more implementation year as CSE is making various arrangements to convert the CSE to a different phase,CSE Chairman Vajira Kulatilake said.

He made these views while participating at the 20th bell ringing ceremony of the CSE with the Asiri Hospitals Group.

Kulatilake said the CSE is hoping to achieve most of its targets during the next year.

CSE will very soon to implement the Central Counter Party (CCP) system with the funding support from various sources. Asiri Hospitals Group Chairman Ashoka Pathirage said Asiri Hospitals Group will invest Rs.5 billion to put up a 142 bed new hospital in Kandy and very soon it will start construction work of its proposed Hospital. The hospital will be open in early part of 2018.

Dr. Manjula Karunaratne representing the Asiri Hospitals Group said that Asiri Hospitals was first listed in the exchange in 1986; since then market capitalization of the hospitals group grew from Rs 25 million to current Rs 30 million , registering almost thousand fold increase. This has paved the way for shareholder to benefit from the performance and value creation of the company.

“Listing with the CSE has no doubt increased the stature of the company and accrued a host of benefits to the company. We were able to broad base our shareholding attracting both local and foreign investors and we also increased the liquidity of share. In addition listing has greatly enhanced our brand value.”

He also added that the group is committed to sharing its success with all its stakeholders and driving towards the sustainable value creation as it strives to achieve the ambition of being the best health care provider in South Asia.

 


 

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