Sri Lanka’s Textured Jersey officials meet fund managers in US

ECONOMYNEXT – Senior executives from Textured Jersey Plc, a fabric maker based in Sri Lanka are meeting international investment funds in a non-deal road show arranged by a US equities broker, a statement said.

Moiz Rehmanjee Chief Operating Officer for Commercial and Rodney Arland, Chief Operating Officer for Marketing/Business Development to discuss growth strategies and acquisitions, including an India based unit.

“Institutional investor interest in Asian emerging markets is especially focused on high-quality companies and the consumer sector," Mark Decker, founder and CEO of Decker & Company, a institutional equities broker said.

"Textured Jersey Lanka is a prime example of an under-researched company with quality operations and growth prospects."

Textured Jersey Lanka weft-knitted, dyed stretch fabrics. It supplies apparel firm making apparel for brands such as Marks & Spencer, Victoria’s Secret, and Intimissimo.  (Colombo/Sept15/2016)