No Perera’s for The Finance PLC share issue-Official?

Although, lots of Institutional and a few high net worth investors had applied for recently concluded The Finance Co. (TFC) PLC secondary IPO, A top official from TFC revealed CSE Leaks that none of the Big Time players of Sri Lanka’s stock market had applied to the share issue adding that its only genuine people who have applied to shares.

“No Pereras, its only genuine people who have applied” source from TFC told CSE Leaks.

This in turn resembles according to some corporate community in the country that ‘Perera Duo’ who is bullish in Colombo Stock Exchange apart from their Casino business in the country are not ‘So Genuine’, which is questionable to CSE Leaks.

However on the other hand when The Finance Co. PLC official says that ‘Pereras are not Genuine’ it is arguably questionable whether The Finance Co. PLC’s Founder Chairman, Dickman’s Road Financier Lalith Kotelawala who master minded Rs.26 billion South Asia’s largest ever Financial Scam in Golden Key with Khavan Perera are genuine people in Sri Lanka.

High Net Worth Investor Nimal Perera applies to whole IPO of HVA Foods?

Nimal Perera

It is revealed by stock industry analysts and investment knowledge hunters that recently launched Rs.319 million IPO of Heladiv Tea; which is presently owned by Rohan Fernando and Varuni Amunugama Fernando leaded board of Directors had been fully applied by one of Sri Lanka’s leading high net worth investing individual Nimal Perera.

Market sources well versed with foreign fund investments in Sri Lanka told to CSE Leaks that Nimal Perera is among a top investor who has applied to HVA Foods whole IPO. However , although there could be such high time investors they will only receive a part of the portion they applied after relevant allocation as usual.

Meanwhile, this comes into light while the HVA Foods announced Colombo Stock Exchange; that its IPO was oversubscribed on Wednesday 12 January, 2011.

Nimal Perera was an originally a high time bullish post war and prevailing war time investor, Dhammika Perera's friend and investment advisor who manages the Dhammika Perera's investments. He is also the Managing Director of Royal Ceramics, and Finance Director for few other firms owned by Dhammika Perera.

Meanwhile in another development, sources close to Colombo Stock Exchange says that former Connaissance De Ceylan (CONN) which is Amaya Leisure PLC owned by Dhammika Perera is in talks for a possible merger with another entity soon. However CONN share closed high at Rs.122 on January 12.