Access Engineering PLC - Capital TRUST Research

sriranga Tue Mar 12, 2013 7:39 pm

INTRODUCTION
Access Engineering PLC (AEL) was incorporated in 2001 as a key player in the construction sector providing civil engineering solutions to both public and private sector projects. The company went into a private placement in June 2011 and later in March 2012 got listed in the CSE through an IPO both of which raised a capital of Rs. 5bn in total. AEL plays a significant role in the roads and bridge construction sector having secured most of the large scale projects in the
country.

Access Realties (Pvt) Ltd, fully owned subsidiary of AEL owns and manages Access Tower - a 12 storey modern office complex located in the heart of Colombo. AEL made an investment of Rs. 1.1bn acquiring 84% of the controlling share in Sathosa Motors PLC.

Access Engineering PLC - Capital TRUST Research Ael10

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