JF Packaging Ltd. will open its initial public offering (IPO) on 30 October, offering 51,724,144 ordinary voting shares at a price of Rs. 11.60 per share.
The Colombo Stock Exchange (CSE) has granted in-principle approval for the company’s application to list its shares by way of an offer for subscription on either the Main Board or the Diri Savi Board.
HNB Investment Bank (Pvt) Ltd. has been appointed as the Managers and Financial Advisors to the issue, while SSP Corporate Services (Pvt) Ltd. will function as Registrars to the issue.
Soft copies of the prospectus will be made available to trading participants on 9 October, followed by hard copies on 16 October.
Source: The morning