Colombo Stock Exchange opened higher: ASPI up 0.18% (37.48 pts) at 21,104.37 and S&P SL20 up 0.46% at 5,970.10, with turnover Rs 43.59m. Singer Finance set rights-issue and EGM/XR dates; Pan Asia Banking plans to raise up to Rs 5bn via listed debentures opening Oct 1, 2026.
Singer Finance (Lanka) PLC appointed Jonathan Alles as Chairman, succeeding Aravinda Perera; Alles joined the board in March 2026 and brings more than 37 years of banking and financial services experience.
Singer Finance (Lanka) PLC appointed veteran banker Jonathan Alles as Chairman of the Board effective 12 September 2026. Alles joined Singer Finance's board on 5 March 2026 and is a former MD/CEO of Hatton National Bank.
Singer Finance (SFIN.N0000) plans a rights issue of 76,648,787 ordinary voting shares at Rs39.20 each (8 new for every 29 existing) to improve the company's capital adequacy ratios and for lending purposes.
Singer Finance (SFIN.N0000) plans a rights issue of 76,648,787 ordinary voting shares at Rs39.20 each (8 new for every 29 existing) to improve capital adequacy and for lending; stated capital was Rs4,004,555,574 as of June 30, 2026.
Colombo stocks rose midday, with the ASPI up 0.14% at 21,445.77; Singer Finance announced a rights issue of up to 76,648,787 ordinary shares at Rs 39.20 each (8 new for every 29 existing). Banks led turnover at Rs 231.7m; Dialog, Commercial Bank, Hayleys and Aitken Spence were top gainers while John Keells and Malwatte Valley lagged.