Overseas Reality (Ceylon) PLC announced First & Final Dividend 31st March 2011; the Overseas Reality (Ceylon) PLC announced first and final Dividend of Rs.0.30 per share for financial year of 2010. Its needs shareholder approval at AGM on 6th May 2011, the Ex-Dividend date is 9th May 2011 and the Payment will be on 19th…

Serendib Hotel PLC Rights Issue Detail Information’s March 3rd 2011 the Serendib Hotel PLC announced the rights issue of Voting and Non Voting shares of 15,102,948 and 7,202,211 respectively. The Company further announced more information about the Voting and Non Voting shares, Serendib Hotel PLC Voting Rights Issue Date of initial Announcement : 03rd March…

People’s Leasing Finance PLC Rights Issue details The People’s Leasing Finance PLC announced more detail about the Rights issue, Date of initial Announcement : 25th February 2011 Proportion : 1 new share for every 2 shares held Issue Price : Rs.25.00 The number of shares to be issued : 22,713,639 Ordinary shares EGM or Provisional…

Janashakthi Insurance PLC Announced interim Dividend March 29 2011; the Janashakthi Insurance PLC announced Interim Dividend of Rs.1.00 per share for the financial year of 2011. The ex-Dividend date will be on 7th April 2011 and the payment will be made on 20th April 2011. Source: http://www.cse.lk/companiesprofile/announcments.htm?id=941&symbol=JINS.N0000

Melstacorp Private Limited made a mandatory offer to buy remaining shares of Pelawatte Sugar Industries PLC Melstacorp Private Limited (100% fully own subsidiary of DCSL) made a Mandatory offer to buy remaining shares of Pelawatte Sugar Industries PLC. 24th March 2011, the Melstacorp Private Limited purchased 31,966,000 shares at the Price of Rs.27.50. which constitutes…

Asiri Central Hospitals PLC entered into Lease Agreement with Sri Lanka Army Today March 30, 2011, Asiri Central Hospitals PLC announced that it has entered into a lease agreement with Sri Lanka Army for leasing of Land, Building and premises of Asiri Central Hospitals PLC with the rights of bearing assessment No. 37, Horton Place,…

People’s Merchant Bank PLC (PMB) divest People’s Merchant Finance Company Limited to Capital Alliance Holding Limited The People’s Merchant Bank PLC (PMB) was a Major shareholder (99.9%) of the People’s Merchant Finance Company Limited (PMF). People’s Merchant Finance Company Limited (PMF) has decided to divest their entire shareholding of PMF to Capital Alliance Holding Limited…

Lanka Ventures PLC joint ventures with LTL Holdings (Private) Limited LVL Energy Fund (Private) Limited (LEF) (Fully own subsidiary of Lanka Ventures PLC) enter into agreement with LTL Holdings (Private) Limited (LTL) on 28th March 2011 to setup a 10 MW wind power generation project in Kalpitiya Peninsula. The LVL Energy Fund (Private) Limited (LEF)…

Liquidation of Watawala Agro Ltd (A Subsidiary of Watawala Plantations PLC) Watawala Agro Ltd windup the according to the special resolution passed by shareholders of Watawala Agro Ltd on 28th March 2011. Mr.Waduge Nalith Suranjaya Fernando and Ms.Samanthi Haddegoda were appointed as liquidators of the company. Source: http://www.cse.lk/cmt/upload_cse_announcements/8711301378718_.pdf