Update on Price band - Oct 1

As at Friday October 1, a 10% price band is presently applicable for SEVEN listed securities.
 

Vallibel Finance (Sep 23 to Oct 13), Lake House Printers and Publishers PLC (Sep 24 to Oct 14), Bogawantalawa Plantations (Sep 29 to Oct 19), Metropolitan Resource Holdings Plc (Sep 29 to Oct 19), East West Properties PLC (Sep 30 to Oct 20) , Coco Lanka PLC (Sep 30 to Oct 20) and
Colombo Land & Development Company Plc (Oct 1 to 21 Oct), a CSE filing made on Oct 1 stated.

BoC Selects Misys BankFusion Universal Banking to provide application software

Bank of Ceylon (UK) Ltd has chosen Misys BankFusion Universal Banking, the global application software and services company for trade finance processing, Message Manager for payments and messaging and the innovative Misys Personal Finance Portal for its consumer customers.

Bank of Ceylon in the UK was an international branch of the Sri Lanka state-owned Bank of Ceylon until early 2010 when the bank was granted a UK licence. The business will be the hub for the bank's expansion programme both in volumes and new geographies to service overseas Sri Lankans.

US businessmen to meet in Sri Lanka

Washington, Oct 1 (IANS) A second annual conference to attract US investment to Sri Lanka will be held in Colombo Oct 12-14, giving business executives a chance to expand businesses in the island. The conference is organised by the Sri Lankan embassy here and the Office of the US Trade Representative, the US Department of Commerce, the US embassy in Colombo and the Sri Lanka Trade Ministry. 'Our first conference last year gave people a good look at Sri Lanka, and the potential for businesses there,' said Jaliya Wickramasuriya, Sri Lanka's ambassador to the US. 'Now some of those businesses are planning to begin operations in Sri Lanka. We want to make sure that business people know the advantages of investing here,' he said. Sri Lankan President Mahinda Rajapaksa met US investors during a business development luncheon last week. He explained to them the benefits of doing business with Sri Lanka. Those benefits include Sri Lanka's free trade agreements with India and Pakistan that gives US businesses duty-free access to those large markets, as well as relaxed foreign investment regulations.