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Access Engineering PLC. Debuts on the Colombo Stock Exchange

Published on Tuesday, July 10, 2012

The maiden trading of shares of Access Engineering PLC. (AEL) took place on 27th March 2012 on the Colombo Stock Exchange and made a solid start, with its share price peaking to Rs.29.30 before closing at Rs.26.30 up by Rs.1.30 from its IPO price. Chairman of AEL Mr. Sumal Perera together with the Board of Directors and Managers to the issue, NDB Investment Bank was present on the floor of the Colombo Stock Exchange to witness the debut ceremony.

The credible performance propelled Access Engineering PLC. to the most valuable stock in the Construction and Engineering sector as well as the 17th most valuable overall with a market capitalization of Rs.26.3 billion