ECONOMYNEXT – Wealth Trust Securities, a licensed primary dealer, is raising 500 million rupees, selling 71.54 million shares at 7 rupees per share to boost its capital and plans to expand the reach of government securities, officials said. WTS had a core capital of 6.25 billion rupees by September 30, which was above the central bank requirement of 2.5 billion rupees. By January 2026, capital has to be increased to 4.0 billion rupees and 5.0 billion by January 2027. “Although WTS already exceeds these thresholds, the Company intends to proactively raise additional capital to further strengthen its buffer, thereby providing…
Sri Lanka’s Wealth Trust Securities to raise Rs500mn from IPO
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