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The E-Channelling PLC announced to Colombo Stock Exchange, that the Board of Directors of E-Channelling have resolve to effect a subdivision of shares of the company as Each Share into a 7 Ordinary shares.

The subdivision will increase the 17,447,345 ordinary shares to 122,131,415 shares. The subdivision won’t affect the stated capital or Ownership of the shareholders.

Company further says that subdivision is subjective to shareholders approvals at an extraordinary general meeting by the way of an ordinary resolution.

Source: http://www.cse.lk/cmt/upload_cse_announcements/5051298371176_.pdf

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