First National Appointed as the Lead Manager by Maldives Ports Ltd

First National Finance Corporation has been selected as the lead manager to raise finance in the tune of MVR 200 Million by Maldives Ports Limited. This is the first time a local party has become a lead manager in arranging finance.

First National was selected as the lead manager through a competitive bidding process. Maldives Ports Limited invited licensed investment advisors by Capital Market Authority (CMDA) to send proposals for the provision of the service by sending a Request for Proposals (RFP) dated 10th February 2022.

Read the full article here.