Beira Group to go public

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By 2017-02-15

Sri Lanka's largest brush manufacturer and exporter of sanitary maintenance tools, BPPL Holdings Limited or The Beira Group has decided to go public, the company said yesterday.
They will list 30.6 million shares in Colombo Stock Market Diri Savi board at a price of Rs 12 per share and the subscription will begin on 7 March.

CT CLSA Capital (Private) Limited is the mangers to the issue and S S P Corporate Services (Private) Limited is the registrars to the issue.

According to the company website, they were among the top OEM brush makers in the world. Customized for household, professional, commercial and industrial cleaning applications, their products are cost effective and dependable. Producing brushes, brooms, banisters, dusters and scrubs, BPPL positions itself as the one-stop cleaning solutions vendor to DIY hardware and building merchants, and house-ware and garden-ware retailers. (IG)

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