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Sri Lanka’s LVL Energy seeks Rs1.2bn from IPO

ECONOMYNEXT – Sri Lanka’s LVL Energy Fund has been given the go ahead by the Colombo Stock Exchange to offer 120 million shares at 10 rupees to raise 1.2 billion rupees from an initial public offer.

Subscriptions will open on December 14, 2017.

LVL Energy Fund is a unit of publicly trade Lanka Ventures Plc.

It has investments in mini hydro plants. (November 19/2017)

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