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RIL Property gears up for expansion

RIL Property PLC, a developer, manager and owner of Grade A office spaces in Colombo, successfully concluded its first annual general meeting (AGM) as a public limited company recently. The company, which went for an initial public offering (IPO) in May, was oversubscribed within hours of opening its issue.

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Sri Lanka’s CSE approves RIL Property’s Rs960mn IPO

Mar 10, 2017 (LBO) – RIL Property Limited (RIL), a developer, owner and operator of commercial office space in Colombo has received an in-principle approval from the Colombo Stock Exchange for a listing of its ordinary voting shares through an Initial Public Offering (IPO).

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