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, Colombo 07 for the use of Sri Lanka Army for a Period of One year commencing from the 24th February 2011 to 23rd February 2012 at a consideration of Rs. 60 Million.
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) invest in the project worth of Rs.384 Million representing an equity stake of 40% of Project company of Pawan Danavi (private) Limited.
Today March 25, 2011; the Distilleries Company of Srilanka PLC Make a Mandatory offer buy to remaining share of Pelwatte Sugar Industry PLC.
Yesterday March 24, 2011 the Melstacorp (Private) Limited (100% Subsidiary of Distilleries Company of Srilanka PLC.) brought 31,966,000 47% shares of Pelwatte Sugar Industry PLC at the Price of Rs.27.50 per share.
Today March 25, 2011. The Sampath Bank PLC announced the amendment of the Scrip Dividends.
The Sampath Bank PLC earlier announced to Colombo Stock Exchange that the Scrip Dividend will be a proportion of 1 share for 50.5 shares; today the company has change the proportion as 1 share for 43.39 shares(as a amendment).
As per earlier announcement this Scrip Dividend proposals needs shareholders approvals at the AGM on 31st March 2011.
NDB PLC Announce to Colombo Stock Exchange, which the NDB Board of Directors has resolved to proceed with a Private Placement of Rated Subordinated Unlisted Unsecured Redeemable Debentures of the Value of RS.1, 000.00 each aggregating Rs. 1 Billion (1,000,000,000)
An Applications seeking approval for the placement from SEC. And the NDB Investment bank will be function as the structuring and placement agent to the issue.
The Distilleries Company of Sri Lanka PLC announced to Colombo Stock Exchange, The Melstacorp (Private) Limited (Subsidiary of DCSL) has purchase 47% of Pelwatte Sugar Industries Limited at the Consideration of Rs.879.065 Million.( 31.996 Million shares at the Price of Rs.27.50)