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Prime Land Residencies To Host Virtual Investor Forum Today 
Posted 28,April

By Chaveendra Dunuwille

In Local News

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As a means of extending an invitation to potential investors and market  participants Prime Lands Residencies, the condominium property arm of Prime  Group will host its very first virtual investor forum on the 28th of April, 2021  from 4 pm onward via zoom. 

The forum is organized with the specific purpose of providing greater information  regarding its upcoming IPO and to ensure that the satisfaction of potential investors is parallel to the growth of the company as well as the parent body.  

The IPO is to be held on the 11th of May, 2021 in collaboration with Acuity  Partners Ltd, the sole manager and financial advisor of the IPO. The IPO is slated  to issue 100 million ordinary voting shares and in case of an oversubscription a  further 87.5 million ordinary voting shares will be issued at a share value of LKR  10.40 per share.  

To view the relevant prospective of the IPO investors can register through the  microsite www.ipo.primerescidencies.lk or give a missed call to 1353. This IPO  will allow investors to gain the benefits of the ever growing real estate sector of  the nation.