01. DIST - led by Harry Jayawardene [Continentel Insurance]
DIST have a massive cash balance due to GOV re payment of SLIC investments
02. JINS - led by Prakash Shafter [Janashakthi Insurance]
JINS recently reported a good profits & also the group has some cash received by the disposal of LAMB
03. HASU - Led by HNB, HASU already with right issue cash & HNB is on the way for a right issue [HASU -HNB Assurance]
04. VONE - Led by Mr. Dhammika Perera [Valibel One] the Valibel One is a diversified group with Banking, Finance, Hospitality, Manufacturing etc... the Group do not have an Insurance arm which could in return bring massive funds for re investments. With the IPO & PP VONE will have the strength to finance the buying of AAIC
05. SOFT - Led by Mr. Pathirage, SOFT is also a diversified group with ASIRI Hospital group, Soft Logic Finance, Ford Motor Agency, National Panasonic authorized dealership ect ect in their fold and is about to launch the IPO on 9th June. being a fast growing conglomerate we can not decline any interest of SOFT getting into Insurance Business
06. Imagewise Group - Led by Mr Dilith Jayaweera & Varuni Amunugama, observing their recenst history of investing in colombo stock market & acquisition of major stakes of REEF, CLND & PAP...there is very little possibility for this AAIC deal skip their glove..!
Now start the guessing Game...!