Sri Lanka’s Renuka Hotels to list on second board
ECONOMYNEXT – Sri Lanka’s Renuka Hotels Plc, which operates a city hotel, is to list on the second board of the Colombo Stock Exchange.
The firm will list 40.29 million shares by through an ‘introduction’ process, the firm said.
Renuka Hotel operates a city hotel and is also known to have a stock portfolio, analysts said.
The second or ‘Diri Savi’ board has easier listing rules including on public float. (Colombo/Oct31/2017)