The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Thread for News on Local and Foreign Politics
Today at 7:48 am by The Invisible

» DIPD.N0000 (Dipped Products)
Today at 7:18 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Today at 7:16 am by The Invisible

» TAFL - Three Acre Farms
Today at 7:14 am by The Invisible

» RCL - Royal Ceramics
Today at 7:12 am by The Invisible

» HAYL.N0000 Hayleys PLC
Today at 7:08 am by The Invisible

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Yesterday at 11:21 pm by PANTOMATH

» Thread for News on CSE and SL Economy
Yesterday at 8:25 pm by nihal123

» Will YOU VOTE for ME if I run for SL PRESIDENCY?
Yesterday at 6:41 pm by Brave Heart

» Dividend Announcement
Yesterday at 6:01 pm by Ethical Trader

» How to trade Stock profitably?
Yesterday at 11:55 am by indramal

» What are investing methods in Sri Lanka?
Yesterday at 6:39 am by indramal

» අනං මනං! #/+?.<>
Mon Nov 12, 2018 7:57 pm by Yin-Yang

» Thread for General News Local/Foreign
Mon Nov 12, 2018 7:57 am by serene

» Anybody invest New York or Landon Stock Exchange?
Sat Nov 10, 2018 8:53 am by කිත්සිරි ද සිල්වා

» JKH.N0000
Fri Nov 09, 2018 10:49 am by ruwan326

» HAYC - Haycarb
Fri Nov 09, 2018 10:30 am by The Invisible

» WATA - Watawala
Fri Nov 09, 2018 10:22 am by The Invisible

» AAIC.N0000
Fri Nov 09, 2018 10:10 am by The Invisible

» Asian markets rally as investors see positive in US gridlock
Fri Nov 09, 2018 8:02 am by serene

» CSE RISE , RIDING ETHICALLY
Wed Nov 07, 2018 5:53 am by pjrngroup

» Constitutional Crisis – close to $ 100mn flees stock/bond markets last week
Tue Nov 06, 2018 6:38 pm by serene

» HHL.N0000 ( Hemas Holdings PLC)
Tue Nov 06, 2018 8:43 am by The Invisible

» Weldone Serene for 4000 + posts
Tue Nov 06, 2018 7:44 am by serene

» Real Estate Market in Sri Lanka- A booming Industry or a Bubble?
Tue Nov 06, 2018 7:36 am by serene

» Asiri Hospitals PLC - ASIR
Mon Nov 05, 2018 11:58 am by The Invisible

» Flying is the Safest mode of Transport
Sat Nov 03, 2018 8:44 am by කිත්සිරි ද සිල්වා

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Fri Nov 02, 2018 7:45 pm by Brave Heart

» What MOTTOs/PRINCIPLEs do YOU follow in LIFE ?
Thu Nov 01, 2018 4:14 pm by Seyon

» LDEV - Lankem Developments
Thu Nov 01, 2018 2:23 pm by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 01, 2018 12:43 pm by The Invisible

» MTD Walkers (KAPI)
Thu Nov 01, 2018 11:54 am by The Invisible

» SERV - The Kingsbury
Thu Nov 01, 2018 10:12 am by The Invisible

» LFIN - LB Finance
Thu Nov 01, 2018 10:03 am by The Invisible

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Thu Nov 01, 2018 9:56 am by The Invisible

» Sri Lanka jumps 11 places to 100th rank in World Bank’s Doing Business index
Thu Nov 01, 2018 9:52 am by The Invisible

» Banking Sector
Thu Nov 01, 2018 9:50 am by The Invisible

» All Share index crosses 6,000 points
Thu Nov 01, 2018 8:20 am by Brave Heart

» Asian Hotels and Properties September net down 48-pct
Thu Nov 01, 2018 8:17 am by Brave Heart

» Sri Lanka rupee weakens; stocks rally slows
Thu Nov 01, 2018 8:13 am by Brave Heart

» TJL.N0000 (Textured Jersey Lanka PLC.)
Wed Oct 31, 2018 7:27 pm by PANTOMATH

» Whats ailing Sri Lanka ? Why we are what we are!
Wed Oct 31, 2018 6:07 pm by Ethical Trader

» Sri Lankan rivals tempt defectors to swing crisis
Wed Oct 31, 2018 9:41 am by The Invisible

» Sri Lanka’s Piramal Glass in Sept quarter loss as costs rise
Wed Oct 31, 2018 9:36 am by The Invisible

» Sri Lanka President could dissolve parliament if interim budget is defeated: Wijedasa
Wed Oct 31, 2018 9:34 am by The Invisible

» Sri Lanka political crisis hikes debt rollover risk: Fitch
Wed Oct 31, 2018 9:31 am by The Invisible

» Sri Lankan political standoff could threaten reforms: S&P Ratings
Wed Oct 31, 2018 9:29 am by The Invisible

» Giant pro-democracy rally in Sri Lanka capital
Wed Oct 31, 2018 9:27 am by The Invisible

» Postponing reforms will make Sri Lanka lag behind peers, central bank warns
Wed Oct 31, 2018 9:22 am by The Invisible

» Giant pro-democracy rally in Sri Lanka capital
Tue Oct 30, 2018 8:31 pm by ruwan326

November 2018
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
252627282930 

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

CAL Securities Facilitates First Cross-Border Share Transaction by a Sri Lankan Stockbroker

Go down

CAL Securities Facilitates First Cross-Border Share Transaction by a Sri Lankan Stockbroker

Post by sashimaal on Fri Sep 14, 2018 9:22 pm

CAL Securities Facilitates First Cross-Border Share Transaction by a Sri Lankan Stockbroker
September, 14, 2018

Capital Alliance (CAL), recently performed Sri Lanka’s first ever transaction of overseas stocks, marking a milestone in the annals of the nation’s corporate history.

Previously, Sri Lankan investors were confined to investing in the Colombo Stock Exchange (CSE). However, following the liberalization of Sri Lanka’s exchange control regulations in November 2017, individuals and organizations domiciled in Sri Lanka are now permitted to invest in listed securities overseas. As per the revised law, a listed company can invest up to USD 2 Million per year; whereas an un-listed company can invest up to USD 500,000 a year and an individual may invest USD 200,000 in their lifetime.

Commenting on the historic milestone, Mr. Harinlal Aturupane, CEO, CAL Securities said, “CAL has supported investors on the CSE for many years, but the liberalization of foreign exchange laws has really broadened the investment universe for Sri Lankans. Our first international investment was on the Dhaka Stock Exchange in Bangladesh. The country is considered one of the fastest growing economies in the region and is currently a hotspot for investment. We are all set to openseamless opportunities for our local investors and support them to make strategic investments in stock markets across the world”.

Capital Alliance (CAL) is Sri Lanka’s leading full service investment bank, and its subsidiary CAL Securities has established itself as a premier stockbroker on the Colombo Stock Exchange over the past two decades. The recent foreign exchange liberalization, coupled with CAL’s deep expertise in financial investments and fund management, means that the organization is now fully equipped to support investors in Sri Lanka who wish to make foreign investments.

“I am pleased to be the first Sri Lankan to perform an overseas stock transaction through CAL. The investment opportunities around the world are tremendous, and Sri Lankans like myself can finally make use of them. I appreciate the seamless manner in which CAL handled this transaction, and I’m excited about the future,” commented the client who performed this historic transaction.

CAL partnered with Lanka Bangla Securities, a licensed stockbroker on the Dhaka Stock Exchange in Bangladesh to conclude this investment.

http://bizenglish.adaderana.lk/cal-securities-facilitates-first-cross-border-share-transaction-by-a-sri-lankan-stockbroker/
avatar
sashimaal
Top contributor
Top contributor

Posts : 5691
Join date : 2014-02-28

Back to top Go down

Re: CAL Securities Facilitates First Cross-Border Share Transaction by a Sri Lankan Stockbroker

Post by Ethical Trader on Sat Sep 15, 2018 6:35 pm

Thanks.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 4553
Join date : 2014-02-28

Back to top Go down

Re: CAL Securities Facilitates First Cross-Border Share Transaction by a Sri Lankan Stockbroker

Post by serene on Sat Sep 15, 2018 11:04 pm

Thanks Sash.Like many professionals prefer overseas over the Island this might prompt investors to look elsewhere at the expense of CSE. Countries with proper government; visionary leaders; educated voters; proper policies which encourage bussiness.

serene
Top contributor
Top contributor

Posts : 4058
Join date : 2014-02-26

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum