Company filings, disclosures and news on United Motors Lanka PLC (UML), Automotive Aftermarket on the Colombo Stock Exchange.
The Ceylon Motor Traders' Association urged policymakers to stop an estimated Rs.40 billion 2025 revenue leakage from a blanket 15% CIF depreciation on used vehicle imports and called for a uniform duty structure and transparent valuation to ensure a level playing field across the automotive industry.
The CSE recorded a record net foreign outflow of Rs.19.46 billion in August, lifting YTD net foreign outflows to Rs.55.7 billion through August 2026. United Motors (UML.N0000), Melstacorp (MELS.N0000) and Seylan Bank (SEYB.N0000) saw net foreign buying while Cargills (CARG.N0000) faced Rs.4.07 billion of net foreign selling.
M.A. Yaseen invested Rs.5 billion to raise his personal stakes: Rs.3bn to buy 114m UML shares (11.3%) at Rs.27 and Rs.2bn to buy 85m RIL shares (10.6%) at Rs.24. His holdings now total 24% in UML and 41% in RIL; purchases were from R.R. Takahashi.
United Motors Lanka PLC (UML) launched the 2027 Mitsubishi Outlander Sport at the Auto Vision Colombo Motor Show, offering expanded options, a 1.5L MIVEC engine with CVT, enhanced SUV capability and a 5‑Star ASEAN NCAP safety rating. The model is available for viewing and test drives at UML showrooms nationwide.
Nearly 29% (95.4m shares) of Commercial Credit & Finance PLC changed hands in a book-built block sale for about Rs.9 billion, boosting CSE turnover to Rs.12.2 billion; Commercial Credit closed at Rs.107.50 (up Rs.1.75).
Colombo Stock Exchange recorded a daily turnover of Rs. 12.23 billion, led by an 89.78m-share crossing in Commercial Credit worth Rs. 9.02 billion; United Motors Lanka had a separate Rs. 1.02 billion crossing. ASPI rose 102.73 pts to 21,269.67 (S&P SL20 +26.41).
United Motors Lanka PLC's subsidiary Unimo Enterprises unveiled the all-new Perodua Traz SUV and Perodua Alza seven-seater MPV in Colombo, priced Rs. 8.8M–20M with special introductory offers for the first 50 customers. Both models carry five-star ASEAN NCAP ratings and fuel-efficiency ~21–22 km/l.
The ASPI fell 1.09% (232.67 pts) over the week and the S&P SL20 declined 0.95% (57.12 pts). Declines were led by JKH, HNB, CINS, GRAN and BREW while a large negotiated crossing in UML supported market activity; weekly turnover was Rs.2.45bn and foreigners were net buyers of Rs.1.07bn.
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