ACS Capital - Market Updates
ACS Capital - Market Updates
June 13, 2025 at 01:48 AM
*ACS Capital Research* *News Alert 13.06.2025* *CSE proposes relaxed public holding rule to revive equity listings via Introduction* The Colombo Stock Exchange (CSE) has proposed easing its Minimum Public Holding (MPH) requirement at the point of listing to reverse a sharp decline in equity listings via Introduction, a method that has seen just seven issuances since 2013, with the last in 2020. Source:https://www.dailymirror.lk/business-news/CSE-proposes-relaxed-public-holding-rule-to-revive-equity-listings-via-Introduction/273-311431 *Motor vehicle imports generate Rs. 149 b in taxes* Sri Lanka Customs has released close to 50,000 motor vehicles between December 2024 and June 2025, contributing over Rs. 149 billion in tax revenue to the government, the Finance Ministry said. Source:https://www.themorning.lk/articles/BJhch1CBFyHZgqZaSRDQ *Govt. and CBSL announce fresh relief for bank-linked SMEs amid recovery push* In a fresh push to revive the country’s small and medium-sized enterprise (SME) sector, the Government and Central Bank of Sri Lanka (CBSL) have announced a new round of relief measures targeting SMEs already integrated into the formal banking system. Source:https://www.ft.lk/top-story/Govt-and-CBSL-announce-fresh-relief-for-bank-linked-SMEs-amid-recovery-push/26-777638 *Agoda reports surge in SL travel interest from EU* European travellers are setting their sights on Sri Lanka this summer, with digital travel platform Agoda reporting a 13% year-on-year jump in accommodation searches for the island nation. Source:https://www.themorning.lk/articles/t9Z3XbIKZzf9gSA1Q02A *PickMe eyes Island-wide expansion with AI-powered push* Digital Mobility Solutions Lanka PLC (DMSL), the company behind the popular PickMe app, is setting its sights on an AI-driven expansion into untapped, high-impact opportunities across digital mobility and logistics, according to its recently released annual report for the 2024/25 financial year. Source:https://www.dailymirror.lk/business-news/PickMe-eyes-Island-wide-expansion-with-AI-powered-push/273-311427 *Overseas Realty unveils Mireka Seascape* Overseas Realty (Ceylon) PLC officially launched its newest luxury real estate venture, Mireka Seascape. Source:https://www.dailymirror.lk/business-news/Overseas-Realty-unveils-Mireka-Seascape/273-311424

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