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Softlogic Life Insurance was added to the S&P Sri Lanka 20 Index when an ad hoc index rebalancing occurred due to Commercial Leasing and Finance merging with LOLC Finance in March 2022. [11] Softlogic Life is one of the LMD 100 companies in Sri Lanka. The company was ranked 60th in the 2021/22 edition of the list.
Softlogic began as a software development company in 1991 by Ashok Pathirage and twelve employees. [4] The company later successfully obtained the Dell authorised distributorship in Sri Lanka. Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages ...
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange.
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LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
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NH Collection Colombo, formerly known as Mövenpick Hotel Colombo, is a five-star luxury hotel in Colombo, Sri Lanka. The hotel is part of the hotel chain brand NH Collection from 2024 and is owned by the Sri Lankan conglomerate, Softlogic Holdings. The hotel was previously managed by Mövenpick Hotels & Resorts. It is the first hotel to be ...