Thursday Nov 14, 2024
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Myland Developments Ltd. had a dream debut on the Colombo Stock Exchange (CSE) with its share price gaining by over 80% from its IPO price. The share gained by Rs. 10 or 83.3% to close at Rs. 22 as opposed to IPO price of Rs. 12. Around 7.8 million shares changed hands via 4,702 trades for Rs. 172.8 million.
The Myland shares were listed on the Diri Savi Board of the CSE under the ‘Real Estate Development’ sector. Debut was marked with a special Bell Ringing Ceremony.