Company filings and market news from across Sri Lanka's stock market.
Colombo Stock Exchange closed higher as the ASPI rose 0.58% to 12,875 and the S&P SL20 gained 0.91% to 3,866, with banking stocks contributing over LKR 1bn of turnover. Vidullanka announced a scrip dividend listing and Ceylon Tobacco declared a third interim dividend of 40.9 per share.
Softlogic Life General Manager Lahiru Maduranga was appointed Sri Lanka Country Chair of the Million Dollar Round Table; Softlogic Life recorded a company‑record 263 MDRT qualifiers this year, reinforcing its position as Sri Lanka's 2nd largest life insurer with health insurance leadership.
RR Donnelley Outsource (Pvt) Ltd won the FITIS Cricket 6’s 2024 men's championship on 2 November 2024, while Metropolitan Technologies won the women's title. The industry event was sponsored by MSI and Mastercard, with gold sponsors including Singer Sri Lanka PLC and participation from Softlogic Information Technologies.
Colombo market fell for a third day as ASPI lost 77 points to 12,719 on profit taking, with turnover up at Rs.3.2bn and net foreign inflow of Rs.200m (Rs.199.8m into JKH). Banking and capital goods led activity while several counters (COMB, MELS, DFCC, RICH, NDB) weighed on the index.
Samsung Sri Lanka opened orders for the Galaxy S24 FE from 1 Nov to 31 Dec, priced at Rs.255,688 (Rs.24,491 saving) with offers including two-year two-times screen replacement and 24-month instalments of Rs.9,411. Orders available via authorised partners including Softlogic showrooms; buyers get 600GB data bundles from Dialog and Mobitel.
Samsung Sri Lanka opened orders for the Galaxy S24FE (Nov 1–Dec 31, 2024) priced at LKR 255,688 with LKR 24,491 saving, offering 2-year two-times screen replacement and a 24-month instalment plan (LKR 9,411/month). Promotions include complimentary 600GB data bundles from Dialog and sales via partners including Softlogic showrooms.
New Media Solutions won six SLIM DIGIS awards, including the Grand Prix for the 'Legends' campaign created for Softlogic Life, benefiting Softlogic Holdings' insurance brand.
Softlogic Life announced it will sponsor athlete Tharushi Karunarathne through the 2028 Olympics and provide international-level health insurance coverage while she trains and competes in the United States.
Samsung Sri Lanka opened Galaxy S24FE pre-orders Oct 15–31 with a pre-order price of LKR 253,838 (saving LKR 24,491) and offers including two screen replacements, 24-month instalments, 600GB data from Dialog and Mobitel and 2 months OneDrive; pre-orders via partners including JKOA and Softlogic.
Softlogic Life (Softlogic Holdings — SHL.N0000) launched the #ChangeTheStory campaign on World Children’s Day to promote positivity and children's mental well-being. The insurer, described as Sri Lanka's second-largest life insurer and market leader in health insurance, said it protects over 1.5 million lives.
Samsung hosted a Retail Training Summit and Samsung Members Welcome Event at BMICH in Colombo, bringing together over 450 sales professionals and working with local partners including John Keells Office Automation, Softlogic Mobile Distribution and Dialog.
Softlogic Holdings' Rs.3.0 billion rights issue was undersubscribed by Rs.954 million, with subscriptions totaling Rs.2.02 billion for 202.7 million of the 298.13 million shares on offer. Chairman Ashok Pathirage and Sameen Ceylon Holdings fully subscribed their entitlements; the issue included warrants and formed part of plans to raise up to Rs.10 billion for working capital and debt settlement.
Colombo Stock Exchange closed down: the All Share Index fell 0.07% to 10,567 while the S&P SL20 rose 0.06% to 2,925, turnover was LKR 1.1 billion and there was a net foreign inflow of LKR 13.49 million; banks (Commercial Bank, HNB, Sampath) led turnover.
Rights issue · 1:4 at Rs 2,981,358,020.00 · XD Aug 8, 2024
Rights issue · 1:4 at Rs 2,981,358,020.00 · XD Aug 8, 2024
Samsung Sri Lanka launched the Galaxy A06, to be sold island-wide through John Keells Office Automation, Softlogic Mobile Distribution, Singer and Dialog network partners.
Colombo Stock Exchange closed higher: All Share Index +1.54% and S&P SL20 +1.84% with turnover LKR 1.4bn and net foreign outflow of 68.23mn. Market saw accumulation in banking shares and conglomerates, with top turnover in HNB, Commercial Bank and Ceylon Hospitals; mixed foreign flows across CIC, Tess Agro, JAT, Lanka IOC, hSenid and Softlogic.
Colombo market fell for the week as the ASPI lost 1.2% and the S&P SL20 lost 1.4% amid election concerns; notable declines included PABC (-11.4%), HAYL (-3.8%), JKH (-2.6%), CCS (-2.5%) and NDB (-2.2%).
The Body Shop Sri Lanka opened its fifth store at Havelock City Mall, bringing its total outlets in the country to five. Executives from Softlogic Holdings PLC and Odel PLC attended the opening.
Rights issue · 1:4 at Rs 2,981,358,020.00 · XD Aug 8, 2024