*BRS Newsflash 06.06.2025* • The Colombo Bourse ended in green as ASPI gained 81.89 points (+0.47%) to close at 17,434.94 while the S&P SL20 index moved up 27.12 points (+0.53%) to close at 5,186.78. 📉 💼 📊 Source: https://research.bartleetreligare.com/reports/traders-daily-digest-05062025-1200 • Sugar importers have urged President and Finance Minister Anura Kumara Disanayake not to increase the existing sugar import tax, warning that it would lead to a steep rise in prices and cause serious disruptions in the market. An importer said that currently, the tax on imported sugar stands at Rs. 50 per kilo — a rate that was originally imposed during the previous Government. 📈 Source: https://www.ft.lk/front-page/Sugar-importers-warn-against-tax-hike-say-consumers-will-pay-the-price/44-777367 • Six parties have submitted bids for the much-awaited Port Community System (PCS), an initiative considered as a crucial step towards digitising port operations and a stepping stone towards the National Single Window (NSW), Mirror Business learnt. This project was initially put to tender by the Ministry of Ports, Shipping and Aviation under the previous government but reportedly faced delays before reaching the current stage. The submission of these bids now marks a significant milestone in a process keenly watched by the maritime industry. 🚢⚓ Source: https://www.dailymirror.lk/business-news/Six-parties-bid-for-port-digitisation-deal/273-310831 • Vidullanka Plc, a Sri Lanka based renewable energy company has been given the go ahead of make LKR 500mn Sukuk (Shariah compliant) securities offering, the Colombo Stock Exchange said. It is the first public listed Sukuk sale. 💵💡 Source: https://economynext.com/sri-lankas-vidullanka-to-sell-5-year-sukuks-in-first-listed-offer-224195/ • DFCC Bank PLC yesterday announced its role as a Lead Arranger in a landmark USD 100mn Social Loan Facility raised by Satin Creditcare Network Ltd., (SCNL), one of India’s largest microfinance institutions. The syndicated facility, arranged by Standard Chartered Bank, India, is structured under the globally recognised Social Loan Principles, with DFCC Bank’s contribution also aligned with these standards. 🤝 Source: https://www.ft.lk/front-page/DFCC-Bank-acts-as-Lead-Arranger-in-100-m-loan-forIndia-s-SatinCreditcare/44-777366 • Lanka Credit & Business Finance will issue 5 year High Yield Bonds (2025/30) to raise LKR 1.5bn, the finance company said. The company said it had received regulatory approval to issue the subordinated listed, rated, unsecured redeemable bonds at LKR 100 each. The money will be used to meet capital adequacy requirements, the company said. Source: https://economynext.com/lanka-credit-business-finance-to-raise-rs1-5bn-in-debenture-issue-224217/ *BRS Equity Research*