Viyana by Maldives Stock Exchange, the innovative platform that has been reshaping the private market investment landscape, proudly marks its first anniversary today, celebrating one year since its inaugural launch on September 28, 2022. In a mere 12 months, Viyana has achieved extraordinary success, raising over MVR 200 million from private market placements.
Viyana is an electronic platform developed by MSE to facilitate and operate the Private Securities Segment organised under the Regulation on Issuance of Securities and the Listing Rules, regulated by the Capital Market Development Authority (CMDA). Viyana serves as a centralised, transparent, and regulated platform through which businesses can raise capital from accredited private investors through private offerings.
Since its launch, Viyana has attracted over 300 registered investors actively seeking private investment opportunities. In its first year, Viyana has achieved 3 successful listings and with the recently closed MFLC offer awaiting allotment, Viyana has facilitated Issuers to raise over MVR 200 million from the private market. MSE’s commitment to empower a transparent and efficient private market mechanism has drawn investors seeking diverse opportunities and issuers looking for secure financing.
The current completed offers on the Viyana Platform, comprise 3 Fixed Income bonds and 1 Sukuk, which spans across 4 industries. These include a Fixed Income Bond by Euro Marketing Pvt Ltd, a Musharakah Mutanaqisah Sukuk by Medtech Diagnostics Pvt Ltd, a Fixed Income Bond by Maldives Ports Limited and a Fixed Income Bond offer by Maldives Finance and Leasing Company Pvt Ltd. Additionally, there are several potential offerings in the pipeline, presenting a bright outlook for both investors and issuers.
Today's celebration of Viyana's one-year milestone highlights the platform's fundamental role in transforming the private market investment landscape. With its impressive track record and promising future, Viyana leads in financial innovation, providing an array of opportunities for both investors and issuers.
MFR extends best wishes to the Viyana team on this joyous occasion.