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Prime Lands Residencies, the condominium property arm of Prime Group, announces the first ever Virtual Investor Forum for its upcoming Initial Public Offering (IPO). Extending its invitation to investors and market participants, the Prime Lands Residences Virtual Investor Forum will be held via Zoom on the 28 th of April 2021, 4.00pm onwards.
The Initial Public Offering for Prime Lands Residencies will issue 100 Million Ordinary Voting Shares, with an option to issue a further 87.5 Million Ordinary Voting Shares via an offer for subscription at LKR 10.40 per share. By collaborating with Acuity Partners (Pvt) Ltd, the sole manager and financial advisor to the IPO, Prime Lands Residencies now provides an opportunity for investors to subscribe to the IPO, further allowing them to benefit from the impressive real estate growth that the industry faces today.