3rd November Colombo Stock Exchange announced it has approved in-Principle application for listing the ordinary voting share of Asia Asset Finance Limited.

The Asia Asset Finance Limited offer for subscribed 120 Million Shares with the Option being reserved with the Board to accept a further 50,160,129 Ordinary Voting shares at the Price of LKR.2.50 per Share.

Share Brake Down


No of Shares

At Price


Offer for Subscription         120,000,000LKR 2.50LKR 300,000,000.00
Reserve           50,160,129LKR 2.50LKR 125,400,322.50
Total IPO  LKR 425,400,322.50


Date of Opening of the Subscriptions:    28th November 2011

Co – Managers to the Offer

Asia Wealth Management Company (Pvt) Ltd.

PW Corporate Secretarial (Pvt) Ltd

Registrars to the Offer

PW Corporate Secretarial (Pvt) Ltd

 The prospectus would be delivered to member Firm or Trading members would be 7th November 2011.

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