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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
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» The Korean Way !
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» In the Meantime Within Our Shores!
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
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» SRI LANKA TELECOM PLC (SLTL.N0000)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
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» Equinox ( වසන්ත විෂුවය ) !
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» COMB.N0000 (Commercial Bank of Ceylon PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
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» LAXAPANA BATTERIES PLC (LITE.N0000)
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» What a Bank Run ?
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» 104 Technical trading experiments by HUNTER
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
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» NTB.N0000 (Nations Trust Bank PLC)
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» Going South
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
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» Re-activating
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» අපි තමයි හොඳටම කරේ !
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
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» APLA.N0000 (ACL Plastics PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Second largest Gulf investment giant starts scouting Sri Lanka projects EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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    Second largest Gulf investment giant starts scouting Sri Lanka projects

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    Second largest Gulf investment giant starts scouting Sri Lanka projects Empty Second largest Gulf investment giant starts scouting Sri Lanka projects

    Post by stocks hunter Tue Oct 28, 2014 7:28 am

    ■ Powerful Qatar Fund arrives in Sri Lanka
    ■ “We’ll take ready projects and share market”: QH’s Al Suwaidi
    ■ “Good timing”: Rishad
    ■ Minimum $ 100 m: QH’s Al Suwaidi
    ■ Bilateral trade at $ 66 m

    The second largest sovereign investment giant in the Gulf region has announced on 27 October that it is scouting Sri Lanka for implementation ready projects, while the world’s richest country is also looking to invest in Sri Lanka’s surging stock market.

    “In Sri Lanka, we do not want to start any new development or construction projects but are looking for outright purchase of completed and implementation ready assets as our entry strategy. We are also looking to invest in Colombo’s share market,” said Qatar Holding Head of Industrials and TMT Investments Mohammad Saif Al Suwaidi yesterday.
    Al Suwaidi, who is in Colombo with his three-member investment team, was addressing Minister of Industry and Commerce Rishad Bathiudeen during a courtesy call. Also present were Department of Commerce DG R.D.S. Kumararatne and other DoC officials.
    Qatar Holding LLC (QH) is the powerful global investment arm of the Qatar Investment Authority (QIA), which is well-known and also called the Qatar Fund. QIA is the second largest sovereign wealth fund in the Gulf Cooperation Council region after Saudi Arabian General Investment Authority (SAGIA).
    QIA’s QH was established in 2006. QH invests internationally and locally in strategic private and public equity as well as in other direct investments, and is considered to have a high profile global outreach. Among QH’s diverse international holdings are the UK retailer Sainsbury, Deutsche Bank, Credit Suisse, Bank of America and Agricultural Bank of China. Its Credit Suisse stake is reportedly 6%.
    “We started to work closely with Sri Lanka in the aftermath of the end of war in 2009-2010. We are under a sovereign wealth fund but very much of a commercial operation, looking for the best RoI for our investors. Around 85% of our portfolio consists of overseas investments while the rest is concentrated on Qatar. We have investments in 30 countries. Our equity is from Qatari citizens’ savings and therefore we are responsible to report back best returns for them,” said Al Suwaidi.
    He added: “We mostly prefer to deal with Sri Lanka’s large corporates, rather than medium or small scale firms. We are interested in buying completed real estates and properties. For example, a completed resort hotel here or some such finished real estate projects. We are especially keen on shopping malls and shopping arcades ready for implementation. Our minimum overseas investments rounds are $ 100-$ 150 million per project, not less. We are even ready for higher values. When it comes to investment projects, QIA has lots of interest in Sri Lanka’s tourism infrastructure, as well as Government/public-owned institutions such as State-Owned business enterprises put up for sale to private investors.”
    “Qatar-Sri Lanka bilateral relations have advanced to new levels since I led a 10-member strong high level delegation to this September’s Joint Economic Cooperation session in Doha. We are pleased of the successful outcomes from the sessions,” said Bathiudeen.
    He added: “We welcome QH’s investment attention on Sri Lanka and the Ministry of Industry and Commerce is ready to extend fullest support to QH’s FDI efforts here. Thanks to the vision of President Mahinda Rajapaksa, FDI to Sri Lanka in the first half of 2014 exceeded $ 210 m, increasing by 51%. At present, we are on a drive to enhance tourism infrastructure and QH could find opportunities in it as well as our surging stock market. Even dairy farming is a prospective sector. New highways, wind power and hydro power projects in the country would be other opportunities for QH here. As for the share market, this is a good time since after three years, our stock market crossed the 7,000 points mark this August.”
    Qatar is the world’s richest country. The wide availability of oil and gas reserves has made Qatar the world’s highest per capita income country. In 2013, the State of Qatar topped the World Bank’s GDP per capita (on purchasing power parity) list, with a per capita value of $ 131,758. In 2013, Qatar-Sri Lanka bilateral trade stood

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    Second largest Gulf investment giant starts scouting Sri Lanka projects Empty Re: Second largest Gulf investment giant starts scouting Sri Lanka projects

    Post by Backstage Tue Oct 28, 2014 11:44 am

    Mark Mobius then Richard Branson then Blackrock now Qataari fund. What do they know what we don't ? Suspect

      Current date/time is Thu Jun 20, 2024 10:19 am