15^th November 2011, the Colombo Stock Exchange Announced that the CSE Approved In-Principle Application for listing the Ordinary Voting Share of the Kalpitiya Beach Resort Limited in Diri Savi Board.

The Kalpitiya Beach Resort Limited Offer for Subscribed of 16,200,000 Ordinary Voting Share at a Price of Rs.17.50 per Share.

The Kalpitiya Beach Resort Limited IPO will be open for Subscribe on 30^th November 2011.

Manager of Offer is Capital Trust Financial (Private) Limited, the Register of Issue is P W Corporate Secretarial (Private) Limited.

The Kalpitiya Beach Resort Limited IPO Prospectus may deliver to the Trading member and Members Firm by 21^st November 2011.

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