Mar 05, Colombo: The Colombo Stock Exchange (CSE) in collaboration with the Securities and Exchange Commission (SEC)
is hosting the inaugural Issuer Forum for 2021 on the theme ‘Founder to Family - Leveraging Going
Public’, at the Shangri-La Hotel Colombo on 16th March 2021 from 5.30 p.m. onwards.
The event will
highlight how a Family Business can take advantage of going public, while ensuring the Family retains
control and continues to guide the vision of the business.
The speakers at the forum have significant experience in advising family businesses and closely held
companies in various capacities and knowledge on how best to structure an IPO in order to balance the
Family’s needs as well as those of future stakeholders.
The three in-depth presentations by experts in capital raising, wealth management and tax advisory will
cover concerns on key considerations for family businesses that are interested in going public.
Managing Director, Global Markets and Investment Banking at CAL Mr. Deshan Pushparajah will present
on structuring an IPO for family businesses. Dr. Naveen Gunawardane, Managing Director at Lynear
Wealth is expected to present on the aspects of wealth management for family businesses post-IPO
while Mr. Jithendran Gajendran, Partner at GAJMA & Co is set to present on the regulatory benefits
and tax advantages that a family business will have when listed and aspects to protect family business
shareholding and wealth through generations post-IPO.
Chairman of the SEC Mr. Viraj Dayaratne PC, CSE Chairman Mr. Dumith Fernando, President of the
Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and SEC Commission Member Mr. Manil
Jayesinghe, CSE CEO Mr. Rajeeva Bandaranaike, CSE Chief Regulatory Officer Mr. Renuke
Wijayawardhane and the Head of Origination and Issuer Relations at the CSE Mr. Purasisi Jinadasa are
expected to speak at the event.
Commenting on the Forum, Purasisi Jinadasa, Head of Origination and Issuer Relations at CSE stated
“Globally, companies access public markets for varying reasons including, diversification of funding
options in order to lower bank credit exposure, funding for growth, attracting strategic investors who
believe in the company growth story, strengthening management and corporate governance structures
and to ensure survivability post-founding generation. Unfortunately, in the local context, there are
many misconceptions regarding listing which deter businesses from exploring an Initial Public Offering,
which we hope to clarify during the forum. We look forward to welcoming Family businesses and closely
held entities who are interested in understanding the benefits of leveraging the public market.”
Companies interested in seeking further clarity on the process and benefits of listing on the CSE are
invited to attend the Forum. Attendance is by Invitation only and please contact Tharanga by Email at
email@example.com or call on 0112 356543 to indicate your interest in attending the event. More
information on the program can be obtained via the CSE website www.cse.lk