Company filings and market news from across Sri Lanka's stock market.
PMF Finance (PMB) signed an MOU with Sanasa General Insurance to make Sanasa its official insurance partner, offering specialised vehicle insurance and competitive premiums to PMF’s leasing customers across its island-wide branch and virtual network.
PMF Finance PLC (PMB.N0000) opened its 16th branch in Chilaw, Northwestern Province, located at No. 19, Colombo Road.
PMF Finance PLC (PMB.N0000) opened its 16th branch at No. 19, Colombo Road, Chilaw in the Northwestern Province. The new branch is intended to broaden local access to the company's finance and leasing services.
Colombo Stock Exchange closed lower with the All Share Index down 0.84% to 11,361 and the S&P SL20 down 1.05% to 3,254 on turnover of 1.2 billion. Brokers said selling was driven by funds and individuals awaiting election clarity; net foreign inflow was 41 million.
PMF Finance PLC appointed Prof. Lansage Ajith Prasanna Medis as CEO-designate following the resignation of L. Terrance Kumara effective 30 September. Prof. Medis, currently COO cum Chief Strategy Officer since February 2024, has prior senior roles at Alliance Finance, People's Leasing and LB Finance and holds an MBA and a doctorate.