Fresh Notes

The Hapag-Lloyd delegation including, Capt. Prateek Gandhi – Director Operations, Hapag-Lloyd, Regional Office, Dubai,Mr. Faheem Mir – Manager - Operations, Hapag-Lloyd, Regional Office, Dubai,Mr. Lalith Witanachchi – Vice President, Hapag-Lloyd Lanka (Pvt) Ltd, Mr. Mindaka Dassanayake – General Manager, Hapag-Lloyd Lanka (Pvt) Ltd.,Mr. Rohan Ranasinghe – Terminal Operations Manager, Hapag-Lloyd AG and Mr. Iqram Cuttilan – Managing Director, Aitken Spence Shipping Ltd poses for a pic with SLPA’s Chairman -Admiral Sirimewan Ranasinghe and the Managing Director - Eng. Ganaka Hemachandra. SLPA's Vice Chairman - Eng. Herath M.P. Jayawardhana, Director (Operations) - Mrs. G. Zavia Miskin and Director (Marketing and BD) - Mr. H J K U Kumara are also present.

Capitalising on recent budget initiatives, Nextventures Ltd, is seeking Rs. 300 mn through a private placement to start a new fund.
Nextventures Fund One (Pvt) Ltd is a close-ended fund with a five-year life period.rn

rnThe fund will mainly invest in lquote knowledge and technology based companies like software, e-commerce, networking, wireless, Internet infrastructure and so on, explains Nissanka Weerasekera, CEO Nextventures Ltd.rn

rnThe issue is open to Sri Lankans, foreign individuals and corporate investors to put in a minimum Rs. 10 mn and multiples of Rs. 5 mn thereafter. Individual investors have a maximum limit of Rs.
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50 mn.rn

rnFormerly known as Peoples Venture Investment Company (PVIC), Nextventures, is a venture capital fund management company primarily focused on investing in high-growth areas like technology and knowledge-based sectors including ICT start up companies.rn

rnWeerasekera says the new Fund will invest in ordinary and preferred equity or convertible debt of unlisted co