CSE Signs MoU with CHEC Port City Colombo

The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by taking advantage of the Port City Colombo’s special emphasis of the Colombo International Financial Center, in order to establish a regionally recognized financial exchange within the country’s borders. The MoU was signed with the objective of working on a collective mission to establish an International Multi-Currency Exchange within the Port City Colombo. Mr. Dumith Fernando Chairman Colombo Stock Exchange said: “The CSE is pleased to take the initiative with this first step of signing a MOU with the CHEC Port City Colombo to work towards the further development of the capital market in Sri Lanka. Through this initiative we are planning to partner an International Stock Exchange that will bring a new dimension to the Capital market and cater to the requirements of the Port City as well as issuers and investors regionally.”Mr. Jiang Houliang, Managing Director of CHEC Port City Colombo, said: “We are excited to work with CSE in establishing an International Stock Exchange in Port City. We strongly believe that with the right infrastructure and business friendly policies, we would succeed in positioning Port City Colombo as an attractive location for regional listings, which would be a gateway for companies around the world to access new investment opportunities.”Post Views: 4

Source:The Nation

July 01, 2021 09:00 UTC


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