Following the completion of the IPO process, the shares of Luminex Limited (CODE: LUMX-N-0000) ceremoniously commenced trading on the Colombo Stock Exchange (CSE) on 23 June. The shares have been listed on the Diri Savi Board of the CSE under the ‘2010 – Capital Goods’ sector. The occasion was marked with a special Bell Ringing Ceremony organised at the CSE Trading Floor.
Key leadership executives from Luminex Limited, including Chairman Dr. Harsha N. De Silva, Managing Director Ruwan Fernando, and Director and CEO Upul Lekamge, were present to celebrate the corporate milestone for the company. Financial adviser and manager to the issue Navara Capital, which guided Luminex Limited through the listing process, was represented by Chief Operating Officer Jayasankha Alahendra and the members of the engagement team.
The CSE was represented by its Chief Executive Officer, Rajeeva Bandaranaike, Chief Regulatory Officer, Renuke Wijayawardhane and the CSE Senior Management.
Apart from assisting with raising capital ,the stock market also enables companies to discover a price for their shares by unlocking value and thereby creating wealth for its shareholders. It also instils good governance practices and transparency through the compliance framework at the CSE.