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Khen Energy Subsidiary Falcon Valley Hydro Secures In-Principle Approval for Colombo Listing

PUBT·11/06/2026 00:30:29
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Khen Energy Subsidiary Falcon Valley Hydro Secures In-Principle Approval for Colombo Listing
  • Khen Energy's wholly owned subsidiary Falcon Valley Hydro received in-principle approval on November 1, 2026, to list on Colombo Stock Exchange's Empower Board.
  • The listing is tentatively scheduled for November 16, 2026, covering 16,000,000 ordinary shares at a reference price of LKR 31.
  • No new shares will be issued or capital raised; the parent will retain 100% ownership at listing.
  • The listing would enable Falcon Valley Hydro to own freehold land in Sri Lanka for the group's renewable energy projects.
  • A proposed rule would require a 5% public holding across at least 50 public shareholders, with a transition period for compliance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Khen Energy Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: ZH8FM78DL736E95N) on November 06, 2026, and is solely responsible for the information contained therein.