Jetwing Symphony PLC is a hotel chain in Sri Lanka. The company was incorporated in 2007. Following an oversubscribed Initial Public Offering in December 2017, the company started publicly trading on the Colombo Stock Exchange in January 2018. Jetwing Symphony is the holding company of the Jetwing Group's new hotels. As of 2022, Jetwing Symphony manages seven properties across the country.
History
The company was incorporated in 2007 as Jetwing Airport Hotel Pvt Ltd. The name was changed to Jetwing Symphony in November 2011 and changed its legal status to a limited company in the following month.[2] Jetwing Symphony announced its initial public offering (IPO) in 2017. The company offered 10% of its stake and hoped to raise LKR750-900 million. The company planned to employ the capital to build Jetwing Kandy Gallery and settle the debts of some of its properties.[3] IPO which opened on 14 December was oversubscribed.[4] Jetwing Symphony made its debut trading on the Colombo Stock Exchange in January 2018 following its IPO.