PCH Holdings to list via introduction

Tuesday, 19 June 2012 01:59 - - {{hitsCtrl.values.hits}}

The Colombo Stock Exchange (CSE) said yesterday it has approved, in principal an application by PCH Holdings Ltd., to list 252 million ordinary voting shares on the Diri Savi Board by way of an Introduction.

PC House Plc., a related party to PCH Holdings, is already listed on the CSE following its successful IPO in late 2010.

Young business leader Chairman S.H.M. Rishan owns 56% stake in PC House Plc., whilst PCH Holdings., is the controlling shareholder in two other listed entities Orient Garments Plc (51%) and PC Pharma (62.5% and via Chairman Rishan a further 16%).