NEWS & EVENTS
Corporate Profile
 

Our Credentials

The liberal economic environment ushered in by the policy reforms in 1977, opened up a vastly expanded scope of activities for the private sector in Sri Lanka’s development effort. MBSL has played a significant role in this environment, thus making a substantial contribution to both public and private sectors since its inception. 

MBSL will be a catalyst in national development by promoting and assisting both public and private sector enterprises in the country. It provides finance as well as a range of services including the identification, development and promotion of projects, financial and advisory/ consultancy services.

Corporate Advisory Services

As the pioneer Merchant Bank in the country MBSL was in the forefront providing a wide array of corporate finance activities such as:

  
 

Project Financing

for start up companies, for business expansions, business acquisitions etc, to all sectors in the economy.

  
 

Loan/Equity Syndication

Our success story among many includes the syndication of over LKR 1.0 Bn in equity for Plantation Investments Management Company (PIMC) to acquire Regional Plantation Companies under the privatization programme of Government. MBSL also structured and placed 320 Mn worth of Guaranteed Debentures for a specialized leasing company.

  
 

Mergers/Acquisition & Management Buyouts

MBSL pioneered the first management buyout in the country and arising from this many other companies have benefited from our expertise in this area.

  
 

Privatization

MBSL as the pioneer Merchant Bank made a substantial contribution to the Govt’s. privatization programmes, since the early 1980’s, by taking up equity positions, structuring, valuation of shares and syndicating funds. MBSL has been involved in more than 5 privatization assignments, spanning from textile, tyre manufacturing, salt, plantation industries.

  
 

Restructuring

As a key corporate finance activity MBSL has been involved in many restructuring assignments arising from companies with high borrowings/financial crisis (debt restructuring), corporate restructuring, privatization, mergers/acquisition.

  
  

Capital Market Activities
MBSL has been involved in Capital Market activities since inception and offers a range of services such as:

  
 

Listing / Initial Public Offering (IPO) of equity and debt

MBSL has acted as Managers to the Issue for several IPOs and successfully concluded two IPOs out of the four that took place in the year 2002, including the Tess Agro IPO, which was oversubscribed by three times. MBSL also listed two companies in the CSE through Introduction in the year 2002. 
MBSL is a registered sponsor with the Colombo Stock Exchange (CSE) and sponsors its clients applications to the CSE.

  
 

Management of Mandatory & Voluntary Offers

The Bank continued to take the lead role in managing mandatory offers and have managed nearly 10 mandatory offers and have offered three Independent Opinions to date. This gives MBSL an undisputed track record in equity related issues.

  
 

Employees Share Ownership Plans (ESOPs) & Stock Option Scheme

MBSL has structured ESOP schemes for two quoted companies during the years 2000 & 2001 and was commissioned for five other ESOPs. MBSL has developed considerable expertise in this area and will continue in promoting ESOPs Schemes that are unique and best suited for each individual company.

  
 

Training & Consultancy

A new area of activity which is being actively promoted. Activities include conducting seminars and offering consulting services to implement new management systems for clients such as Productivity related Techniques, Preparation of Corporate Plan, Implementation of 5S, etc. It is important to note that the Ministry of Employment and Labour selected MBSL to provide consultancy services to conduct the National Productivity Awards 2002.

MBSL Services
  • Real Estate

  • Real Estate

  • Vehicle for sale

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