Company filings and market news from across Sri Lanka's stock market.
Kerner Haus Global Solutions plans to raise Rs420,119,000 via a 1-for-4 rights issue offering 10,502,975 shares at Rs40 each to strengthen its balance sheet, boost liquidity and acquire strategic real estate. The issue is pending CSE and shareholder approval and the stock was trading at Rs42.60.
Shashel Lanka Manpower was awarded the 'Platinum Excellence in Ethical Overseas Recruitment & Workforce Solutions' award at the Platinum Excellence Awards 2026 on 5 April 2026, recognising its ethical overseas recruitment and workforce solutions. The Negombo-based agency supplies workers to construction, hospitality and healthcare sectors.
Kanro Interiors received a Platinum Award for excellence in corporate interior solutions, recognising its quality workmanship, innovative design and timely execution across multiple corporate fit-out projects.
Home Lands' Pentara Residencies in Colombo has completed 100% of piling work and construction is on schedule. The 40-level development has over 80% of units sold since its June 2025 launch.
Port City Colombo appointed S. A. Thomson Nerys as International Business Development Adviser to introduce partners and global businesses to invest, establish and operate within the Port City development.
INFRACON 2026, a rebranded infrastructure and construction exhibition, will be held 3–5 July at SBMEC Colombo showcasing HVAC-R, Power & Energy, Green Grid, Safe Water and Build Materials with local and international exhibitors to promote B2B deals and industry collaboration.
Sampath Bank PLC has received Central Bank approval to open a dedicated branch at Building 1, Business Centre, Port City Colombo, authorised to offer services in Sri Lankan rupees and designated foreign currencies to residents and non-residents.
Uva Greenlands Estate (Vella Group) signed a USD 5.1 million BOI agreement to expand 98 Acres Resort & Spa in Ella, a two-phase project over 36 months expected to create about 150 direct jobs. This is the group's second BOI tourism project following the Ravana Pool Club.
Ceylon Chamber welcomed IMF approval of the combined 5th and 6th EFF reviews, unlocking about $695m in financing, and urged continued reforms to preserve macro stability amid external pressures from the Middle East. It called for a digital fuel QR system, clearer policy communication, and accelerated reforms to boost competitiveness in trade, tourism, logistics and digitalisation.
John Keells Holdings reported a 218% rise in quarterly profit to LKR 6.31 billion for the quarter ended March 31, 2026, with revenue up 62% to LKR 144.89 billion, driven by retail, transportation and leisure; a final dividend of LKR 0.10 per share was announced.
Dividend · Rs 1.00 · XD Jul 1, 2026
Final dividend of LKR 1/share; XD 2026-07-01; record 2026-07-01; payable 2026-07-20; FY ended 31st March 2026
The Sri Lanka Construction PMI Total Activity Index fell to 45.7 in April 2026, indicating contraction in activity. The decline was linked to the seasonal Sinhala and Tamil New Year slowdown, shortages of petrochemical-based inputs and higher costs from the Middle East conflict; new orders rose on road rehabilitation while suppliers' delivery times lengthened and employment expanded.
German business and government officials at the Sri Lankan‑German Business Forum 2026 said Germany views Sri Lanka as a strategic Indo‑Pacific partner and urged faster reforms and policy consistency to unlock investment in logistics, renewable energy, infrastructure and tourism.
SLPA expects up to $2 billion of port-sector investment over the next 1–3 years as Colombo Port faces a capacity crunch; the ECT next year will raise Colombo capacity to 14m TEUs and Hambantota will add 2m TEUs. SLPA also plans EOIs for a 14-acre logistics hub and PPP projects including WCT II, Colombo North Port and marina/tourism developments.
The Board of Investment launched the 'Ready to Invest' digital platform showcasing 30 pre-structured, shovel-ready projects across eight priority sectors to attract international capital. BOI says USD 1.9bn of approved projects are ready to break ground, with a further USD 1.4bn in the pipeline.
Sri Lanka's ASPI rose 0.50% to 22,309.23 midday Friday, with turnover Rs.240.5m and capital goods leading turnover at Rs.94.3m. Top movers included Access Engineering, Aitken Spence (declared Rs.4 tax-exempt dividend), Hemas and Central Finance while SMB Finance, Watawala, John Keells and Windforce fell.
Colombo Stock Exchange ASPI rose 0.50% to 22,310.80, with diversified financials leading turnover at Rs.3.89bn and total turnover Rs.7.38bn. Aitken Spence reported Q1 profit of Rs.3.81bn and declared a tax-exempt Rs.4.00/share dividend; Aitken Spence Hotel Holdings declared a Rs.0.28/share tax-exempt dividend.
Prime Lands Residencies PLC (PLR.N0000) was named Developer of the Year, Sri Lanka at the Real Estate Asia Awards 2026. The company, the largest real-estate entity listed on the Colombo Stock Exchange, has launched over 50 apartment projects with more than 45 completed.
Indian CEO Forum re-elected Kishore Reddy as president at its AGM and reaffirmed commitment to deepen India–Sri Lanka business ties; Indian High Commissioner Santosh Jha urged investment, an upgraded FTA and cooperation across tourism, IT, infrastructure, manufacturing and services.
The BOI launched 'Ready to Invest', a digital platform showcasing over $3bn of investor-ready projects across eight priority sectors. BOI said Sri Lanka attracted $1.06bn FDI in 2025 and about $1.9bn of BOI-approved projects are set to commence, led by urban/mixed-use ($970m), manufacturing ($650m), tourism ($400m) and logistics ($385m).
President Anura Kumara Dissanayake will inaugurate construction of Phase II (Rambukkana–Galagedara, 18.65 km) of the Central Expressway tomorrow. The government approved over Rs.112 billion in contracts across seven packages and will fully finance the project domestically.
IMF Executive Board completed the combined Fifth and Sixth reviews of Sri Lanka’s EFF, unlocking SDR508 million (≈US$695m) in immediate financing. Program performance was generally strong, but some continuous criteria were missed and risks from the Middle East war and Cyclone Ditwah weaken the outlook.
The Sri Lankan-German Business Forum 2026 opened in Colombo to promote bilateral trade and attract FDI, with a particular focus on maritime and logistics investment. The three-day forum features a startup and innovation showcase and panels on maritime development, export competitiveness, infrastructure financing and GSP+ trade concessions.
Altair, Moshe Safdie’s 240-metre residential tower, has unveiled an entrance and lobby upgrade designed by Philip Weeraratne Associates. The works, made after the parent was acquired by Blackstone, aim to strengthen the building’s premium, hospitality-oriented identity.
Samsung plans to invest $1.5 billion to build a semiconductor testing plant in Vietnam with construction underway and operations slated for November 2027; the plant would have capacity of 153.3 billion Gb DRAM and 255.6 billion Gb NAND and Samsung may reinvest up to $2.5bn for a second factory.
John Keells Holdings (JKH) posted Group EBITDA of Rs.80.01 billion for FY2025/26, up 75%. Recurring profit attributable rose 155% to Rs.13.24 billion; group units Nations Trust Bank (NTB) and Union Assurance (UAL) also reported improved results, with NTB completing the HSBC Sri Lanka retail acquisition.
John Keells Holdings reported FY2025/26 Group EBITDA of Rs.80.01bn (up 75%), recurring PBT of Rs.35.72bn (up 143%) and recurring profit attributable of Rs.13.24bn, and declared a final interim dividend of 10 cents to bring FY26 total to 30 cents (Rs.4.42bn). The group cited broad-based contributions from Retail, Transportation and Leisure, and noted improved performance at NTB and double-digit premium growth at Union Assurance.
Altair has unveiled a redesigned entrance and lobby by Philip Weeraratne Associates, adding bronze-toned fins, new lighting, green walls and reconfigured seating to reinforce its premium residential identity; the upgrades follow Blackstone’s purchase of Altair’s parent company.
ISO has published a Chinese-developed standard for corrosion testing of conducting alloys in AC conditions and IEC approved a Chinese-led offshore wind standard; the measures aim to improve conductor lifespan and could cut maintenance/operational costs by over 10%.