The east west Properties boards of Directors have resolved to issue Share as Right issue.

The right of over 103 million issues [103,680,000] to existing share holders at a Price of Rs.10 each. The proportion will be on 3 new Ordinary Shares for every one existing share.

It’s further said; the Purpose of Fund raising is to Working capital of ongoing funding of East West properties PLC projects and builds a land bank of properties suited for the hospitality and leisure industry.

Leave a Reply

Your email address will not be published. Required fields are marked *