Monthly Archives: March 2011

Overseas Reality (Ceylon) PLC announced First & Final Dividend
Colombo Stoke Exchange [CSE] Today

Overseas Reality (Ceylon) PLC announced First & Final Dividend

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 May 2011.

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=387&symbol=OSEA.N0000

Serendib Hotel PLC Rights Issue Detail Information’s
Colombo Stoke Exchange [CSE] Today

Serendib Hotel PLC Rights Issue Detail Information’s

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 2011
Proportion : 1 new share for every 4 shares held
Issue Price : Rs.24.50
The number of shares to be issued : 15,102,948 Ordinary shares
EGM or Provisional Allotment : 05th May 2011
Ex- Rights Date : 06th May 2011
Dispatch of Provisional Letter of Allotment : 12th May 2011
Rights trading Commences on : 20th May 2011
Renunciation : 27th May 2011
Last date of Acceptance & Payment : 30th May 2011

Serendib Hotel PLC Non -Voting Rights Issue
Date of initial Announcement : 03rd March 2011
Proportion : 1 new share for every 4 shares held
Issue Price : Rs.18.25
The number of shares to be issued : 7,202,211 Ordinary shares
EGM or Provisional Allotment : 05th May 2011
Ex- Rights Date : 06th May 2011
Dispatch of Provisional Letter of Allotment : 12th May 2011
Rights trading Commences on : 20th May 2011
Renunciation : 27th May 2011
Last date of Acceptance & Payment : 30th May 2011

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=246&symbol=SHOT.N0000
http://www.cse.lk/cmt/uploadAnnounceFiles/5131299129590_601.pdf
http://synergyy.com/2011/03/serendib-hotel-plc-right-issue-14/

People’s Leasing Finance PLC Rights Issue details
Colombo Stoke Exchange [CSE] Today

People’s Leasing Finance PLC Rights Issue details

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 Allotment : 25th April 2011
Ex- Rights Date : 26th April 2011
Dispatch of Provisional Letter of Allotment : 3rd May 2011
Rights trading Commences on : 9th May 2011
Renunciation : 16th May 2011
Last date of Acceptance & Payment : 19th May 2011

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=57&symbol=SMLL.N0000
http://synergyy.com/2011/02/people-leasing-finance-plc-announced-rights-issue/
http://www.cse.lk/cmt/upload_cse_announcements/601298632993_.pdf

Janashakthi Insurance PLC Announced interim Dividend
Colombo Stoke Exchange [CSE] Today

Janashakthi Insurance PLC Announced interim Dividend

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
Colombo Stoke Exchange [CSE] Today

Melstacorp Private Limited made a mandatory offer to buy remaining shares of Pelawatte Sugar Industries PLC

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 approximately 47.02% of issued shares of Pelawatte Sugar Industries PLC.
Therefore the Company made a mandatory offer to buy balance shares of 36,010,891 shares constituting approximately 52.98% at the price of Rs.27.50 per shares.
Source: http://www.cse.lk/cmt/upload_cse_announcements/7461301460960_.pdf

Asiri Central Hospitals PLC entered into Lease Agreement with Sri Lanka Army
Colombo Stoke Exchange [CSE] Today

Asiri Central Hospitals PLC entered into Lease Agreement with Sri Lanka Army

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, 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.
Source: http://www.cse.lk/cmt/uploadAnnounceFiles/4191301395369_511.pdf

People’s Merchant Bank PLC (PMB) divest People’s Merchant Finance Company Limited to Capital Alliance Holding Limited
Colombo Stoke Exchange [CSE] Today

People’s Merchant Bank PLC (PMB) divest People’s Merchant Finance Company Limited to Capital Alliance Holding Limited

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 for the total Consideration of Rs.430 Million.
It’s subjective to regulatory approvals.
Source: http://www.cse.lk/cmt/upload_cse_announcements/2231301395285_.pdf

Free Lanka Capital holdings Ltd IPO – shares Allotment
Places to visit in Srilanka

Free Lanka Capital holdings Ltd IPO – shares Allotment

Free Lanka Capital holdings Ltd IPO – shares Allotment
Free lanka Holding announced basis of share allotment to the Colombo Stock exchange,
Under retail Category
Shares Applied Basis of Allotment
Upto 10,000 100%
10,001 to 17,001 10,700 shares
17,001 to 20,000 11,000 shares

Non Retail Category
Shares Applied Basis of Allotment
20,001 to 200,000,000 Minimum of 11,000 plus 0.94% on the balance number of shares (Rounded to the nearest 100 shares)
Over 200,000,001 shares Minimum 11,000 Plus 0.94% on the balance number of shares a further 19,950 shares (Rounded to the nearest 100 shares)

Source: http://www.cse.lk/cmt/upload_cse_announcements/8381301369471_.pdf
http://synergyy.com/2011/03/free-lanka-capital-holding-ltd-over-subscribe-by-46-times/
http://synergyy.com/2011/03/free-lanka-capital-holding-limited-ipo-oversubscribe/
http://synergyy.com/2011/03/free-lanka-capital-holding-limited-prospectus-and-application-forms/
http://synergyy.com/2011/02/free-lanka-capital-holding-limited-offer-for-subscription-ipo/

Lanka Ventures PLC joint ventures with LTL Holdings (Private) Limited
Colombo Stoke Exchange [CSE] Today

Lanka Ventures PLC joint ventures with LTL Holdings (Private) 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) invest in the project worth of Rs.384 Million representing an equity stake of 40% of Project company of Pawan Danavi (private) Limited.
Source: http://www.cse.lk/cmt/upload_cse_announcements/7991301309753_.pdf

Liquidation of Watawala Agro Ltd (A Subsidiary of Watawala Plantations PLC)
Colombo Stoke Exchange [CSE] Today

Liquidation of Watawala Agro Ltd (A Subsidiary of Watawala Plantations PLC)

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

C T Holdings PLC Rights issue
Colombo Stoke Exchange [CSE] Today

C T Holdings PLC Rights issue

C T Holdings PLC Rights issue
March 29, 2011, C T Holdings PLC announced to Colombo Stock Exchange further information about the Rights issue,
Date of Initial Announcement: 3rd March 2011
Proportion: 1 new share for every 55 shares held
Issue Price: Rs.210.00
Number of Shares to be issued: 3,097,253 Ordinary shares
EGM/ Provisional Allotment: 28th April 2011
Ex rights Date: 29th April 2011
Dispatch of Provisional letter of Allotment: 6th May 2011
Rights Trading commences on: 12th May 2011
Renunciation: 23rd May 2011
Last Date of Acceptance & Payment: 24th May 2011.

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=510&symbol=CTHR.N0000

Ceylinco Insurance PLC announced First and Final Dividend
Colombo Stoke Exchange [CSE] Today

Ceylinco Insurance PLC announced First and Final Dividend

Ceylinco Insurance PLC announced First and Final Dividend
Ceylinco Insurance PLC announced to Colombo stock Exchange; Rs.5.50 First and Final Dividend per share.
The Dividend needs the shareholder approvals from the Annual General Meeting on 4th May 2011.
The Ex- Dividend date will be 5th May 2011 and they payment will made on 13th May 2011.
Source: http://www.cse.lk/companiesprofile/announcments.htm?id=91&symbol=CINS.N0000

Union Bank of Colombo IPO Expected Prices
Places to visit in Srilanka

Union Bank of Colombo IPO Expected Prices

Union Bank of Colombo IPO Expected Prices
Every investors of Colombo Stock Exchange are expecting the Union Bank IPO Share price tomorrow (29th March 2011),
Before evaluating the expected price, the investor should understand the Market trend of CSE, Union Bank performance and number of times oversubscribed.
There are enough expectations are around the Stock Exchange about the union Bank, such as,
• The share price will be range of Rs. 50 to Rs.60.
Most of the investors are expecting that the share price will be on Rs.50 to Rs.60. the people who expect this is purely rational of the CSE trend.
• Expecting below Rs. 50.
This is where the people are not mostly interested to sell on the initial day, and their expectation is to the union Bank shares should be traded higher in future not initial day of Open.

• Expecting more than Rs. 60.
This is the most of the people are expecting to be, this category is where sell immediately and enjoy the capital gain of investment.

• Expecting more than Rs.80
This is where irrational expectations of the investors, these expectations are valid cause of the singer finance initial day trading and the Number of times of oversubscribed (Approximately 345 time)
All of the expectations are purely depend on the involvement of trading of the investors, because the Union banks issued 15 Million shares for IPO and going to List 349.250 Million shares.
Therefore this is too difficult to calculate the expected trading price, but it is sure that the price will not go less than Rs.25.
As the Buffet says” if you treat the share market as your friend, he / she will help you”
So better; not to expect any price, watch market carefully, sell or buy at the suitable price as you think,
All the best to all Union bank Shareholders.

Source: http://synergyy.com/2011/03/union-bank-of-colombo-limited-will-be-listed-on-29th-march-2011/
http://synergyy.com/2011/03/union-bank-ipo-share-allotment-and-my-analysis/
http://synergyy.com/2011/02/union-bank-ipo-oversubscribed-by-225-times/
http://synergyy.com/2011/02/union-bank-of-colombo-limited-ipo/

E Diploma in Human Rights @ University of Colombo
Bachelor or Undergraduate Degrees

E Diploma in Human Rights @ University of Colombo

E Diploma in Human Rights @ University of Colombo
University of Colombo Faculty of Law calls application for E Diploma in Human Rights.
Eligibility
3 Passes at the GCE (A/L) Examination or its Equivalent with a Credit pass for General English and credit pass for English at the GEC (O/L)
Medium of Instruction : English
Course Fee : Rs.25, 000/= (Can be Paid in 2 Installments)
Duration : One year
Closing Date : 18th April 2011

Applications can be downloaded at www.cshr.org or send a self address stamped envelope
To
The Director,
Center for the Study of Human Rights,
University of Colombo,
Reid Avenue,
Colombo 07.
Email : cshr@sltnet.lk

Source: Sunday Observer 27th March 2011.

Examination for Registration to Practice Medicine (ERPM) in Sri Lanka by University Grade Commission
Degree Programmes

Examination for Registration to Practice Medicine (ERPM) in Sri Lanka by University Grade Commission

Examination for Registration to Practice Medicine (ERPM) in Sri Lanka by University Grade Commission
University Grade Commission calls Applications for Part A of the Examination for Registration to Practice Medicine (ERPM) to be held on 4, 5, 6 and 7th April 2011.
Eligibility
Medical graduate whose degree have been Approved by the SLMC for sitting the ERPM (submission of the Letter of approval of degree by the SLMC is mandatory when Applying)
Candidates who have not passed Part A at previous attempts are eligible to re-sit
Application forms are available.
• The Office of the Vice – Chairmen, UGC during office hours,
• In the UGC website
Application closing date
The Applications close on Tuesday, 29th March at 2011 at 4.00 Pm
Contact Details
The Chairman,
University Grants Commission,
No.20, ward Place,
Colombo 07.

Source: Sunday Observer 20th March 2011.

Master of Business Administration (MBA) or Postgraduate Diploma in Business Administration (PGBA) at University of Ruhuna
Postgraduate and Master Degree

Master of Business Administration (MBA) or Postgraduate Diploma in Business Administration (PGBA) at University of Ruhuna

Master of Business Administration (MBA) or Postgraduate Diploma in Business Administration (PGBA) at University of Ruhuna
University of Ruhuna calls applications for Master of Business Administration (MBA) or Postgraduate Diploma in Business Administration (PGBA) programs in 2011.
Admission requirement
• Bachelor’s degree with a first or Second Class Upper Division from a recognized university Or
• Bachelor’s degree with Second Class Lower Division from a recognized university with at least One year working experience Or
• Bachelor’s degree earned from a recognized university with at least 2 years experience Or
• Comparable professional qualification acceptable to the university of Ruhuna And
• Proficiency in English language

Application closing date
The Applications should be handover 25th April 2011.
Commencement
The Master of Business Administration (MBA) or Postgraduate Diploma in Business Administration (PGBA) have been seclude to commence in June 2011
Application forms and Other Information’s
The information can be obtained from University of Ruhuna By handover or sending Bank Draft for Rs.1000/= drown favour to the Ac. 1-001-7-2477591 of University of Ruhuna at the People’s bank.
The Assistant Register,
Faculty of Management & Finance,
University of Ruhuna
Tel: 041 2222681/ 82 Ext: 3902/03

Source: Sunday Observer 20th March 2011.

Malaysian center @ International Scholar
Places to visit in Srilanka

Malaysian center @ International Scholar

Malaysia Educational Exhibition 2011 @ Galle Face hotel, Colombo Srilanka
Malaysian center @ International Scholar organized a Malaysia Educational Exhibition at Galle Face Hotel Colombo.
The purpose of the exhibition is to provide a value added service and the information to the students who expects to study aboard,
Date : 26th and 27th March 2011 (Saturday and Sunday)
Time : 10 Am to 5 Pm
Venue : Galle Face Hotel (Lotus A Hall – Classic Wing)
Tel : 0115 849401 /0112 553466
Entrance : Free
Scholarships : Available
For More information
Malaysian center @ International Scholar,
No 3, Daisy Villa Avenue,
Bambalapitiya,
Colombo 04.
Tel : 0115 849401 / 0112 553466
Email : malaysialses@scholar.lk
Website: www.international-scholar.com
: www.malaysiaeducation.com.my

Source: Sunday Observer

CISI Now @ Srilanka
Professional Qualification

CISI Now @ Srilanka

CISI Now @ Srilanka
The Chartered Institute for Securities & Investment offers their qualifications in Srilanka,
The CISI offers qualifications of,
• Investment Management
• Investment Advice
• Corporate Finance
• Wealth management
• Operations
• Islamic Finance

For More details,
Chartered Institute for Securities & Investment,
285 R.A.De Mel Mawatha,
Colombo 03,
Sri Lanka.
Tel: 0117 247 247
Source: sunder Observer

BSc undergraduates @ Ocean University
Bachelor or Undergraduate Degrees

BSc undergraduates @ Ocean University

BSc undergraduates @ Ocean University
The Ocean University Calls application for following undergraduate programs,
• BSc Marine Engineering (Math Stream)
• BSc Naval Architecture (Math Stream)
• BSc Fisheries & Marine Science (Bio Stream)

Walk in Interview
The interviews are conducted on 22nd to 24th March from 10 Am to 3 Pm.
Course Commence
The courses will be commence on 28th march 2011.
Contact Details:
The Chairman,
Ocean University,
Crow Island,
Mattakkuliya,
Colombo 15.
Tel : 0112 529868
Mobile : 0716 447906
Fax : 0112 529866
Email : oceanuniversity@ocu.lk

Source: Sunday Observer 20th March 2011.

Postgraduate Diploma in Applied Statistics @ University of Peradeniya
Postgraduate and Master Degree

Postgraduate Diploma in Applied Statistics @ University of Peradeniya

Postgraduate Diploma in Applied Statistics @ University of Peradeniya
University of Peradeniya Calls application for Postgraduate Diploma in Applied Statistics
Applicant must be,
• Possess a Degree from a recognized university Or
• Equivalent Qualifications
Duration
The duration will be 1year (2 semesters, each semester will be 15 weeks) and the classes conducted in the weekends
Course Fee
The Course fee will be Rs.50, 000
In additional of
• Registration fee
• Refundable deposits
Application procedures
Applications can be obtain by downloading from Official website of www.pgia.ac.lk on request on sending a self address stamped envelope to
The Assistant Register,
Postgraduate Institute of Agriculture,
Old Galaha Road,
Peradeniya.

Application closing date : 6th April 2011
Programe Commence : 3rd week of April 2011

Source: Sunday Observer 20th March 2011.

Diploma in Microbiological Techniques @ University of Colombo
Bachelor or Undergraduate Degrees

Diploma in Microbiological Techniques @ University of Colombo

Diploma in Microbiological Techniques @ University of Colombo
University of Colombo Calls application for Diploma in Microbiological Techniques.
Applicant should be
• G.C.E. (A/L Examination) in biology stream Or
• Who passed the G.C.E. (O/L) Examination with at least a credit pass in science and having at least one year of relevant experience
Duration
The duration will be 12 months (Part time) on Saturdays only
Course Fee: Rs.65, 000
In additional of
• Registration fee
• Library fee
• Examination fee
Application procedures
Applications can be obtain by person or by post by sending self address stamped envelope to
The deputy Register,
Academic Publication branch,
University of Colombo,
94, Cumaratunga Munidasa mawatha,
Colombo 03.
The completed application form together with a paying in voucher for Rs.750.00 paid to the University of Colombo Account No 086- 100121189662.
Deadline for Applications
The Applications should be handover on or before 29th April 2011.
Source: Sunday Observer 20th March 2011.

Monash Malaysia Scholarship Package
Scholarship for Srilankan Students and Working Professionals

Monash Malaysia Scholarship Package

Monash Malaysia Scholarship Package
The ANC education calls application for Scholarships of Monash Malaysia April Intake. These Scholarships are available upto 25% on tuition fees with onsite campus tour to Monash Malaysia.
Application deadline will be on 31st March 2011.
The interested candidates are requested to download application form from www.ancedu.com
Source: Sunday Observer 20th march 2011.

Distilleries Company of Srilanka PLC make Mandatory offer to remaining share of Pelwatte Sugar Industry PLC
Colombo Stoke Exchange [CSE] Today

Distilleries Company of Srilanka PLC make Mandatory offer to remaining share of Pelwatte Sugar Industry PLC

Distilleries Company of Srilanka PLC make Mandatory offer to remaining share of Pelwatte Sugar Industry PLC
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.
Source: http://www.cse.lk/cmt/upload_cse_announcements/7671301034306_.pdf
http://synergyy.com/2011/03/distilleries-company-of-sri-lanka-plc-acquires-pelwatte-sugar-industries-limited/

Sampath Bank Scrip Dividend Amendment
Colombo Stoke Exchange [CSE] Today

Sampath Bank Scrip Dividend Amendment

Sampath Bank Scrip Dividend Amendment
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.
The Ex Dividend date will be on 1st April 2011.
Source: http://www.cse.lk/companiesprofile/announcments.htm?id=266&symbol=SAMP.N0000
http://synergyy.com/2011/01/sampath-bank-plc-announced-employee-share-option-plan-esop/

National Development banks PLC Announced Final Dividend for FY 2010
Colombo Stoke Exchange [CSE] Today

National Development banks PLC Announced Final Dividend for FY 2010

National Development banks PLC Announced Final Dividend for FY 2010
NDB PLC Announce to Colombo Stock Exchange, the NDB Board of Directors has resolved to pay Dividend of Rs.4.50 per share for the financial year end of 2010.
The Dividend proposals need to be approved by the Shareholders at the Annual general Meeting on 30th March 2011.
The Ex-dividend date will be 31st March 2011 and the Dividend payment will be on 8th April 2011.

Source: http://www.cse.lk/cmt/upload_cse_announcements/5621300968642_.pdf

National Development banks PLC proceed to Private Placement
Colombo Stoke Exchange [CSE] Today

National Development banks PLC proceed to Private Placement

National Development banks PLC proceed to Private Placement

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.
Source: http://www.cse.lk/cmt/upload_cse_announcements/5621300968642_.pdf

Union Bank of Colombo Limited will be listed on 29th March 2011
Places to visit in Srilanka

Union Bank of Colombo Limited will be listed on 29th March 2011

Union Bank of Colombo Limited will be listed on 29th March 2011
Union Bank of Colombo Limited will be listed on will be listed at CSE Main board on 29th March 2011. The company will be classified under the Banks, Finance and Insurance Sector.
Type of Share Ordinary voting shares
Security Code UBC.N.0000
Total No of shares to be listed 349,250,000
Total no of shares Issue @ IPO 15,000,000
To be listed 29th March 2011

Source: http://www.cse.lk/cmt/upload_cse_announcements/1591300965071_.pdf
http://synergyy.com/2011/02/union-bank-of-colombo-limited-%e2%80%9cthe-company%e2%80%9d-offers-for-subscription-ipo/
http://synergyy.com/2011/02/union-bank-of-colombo-limited-ipo/
http://synergyy.com/2011/02/union-bank-ipo-oversubscribed-by-225-times/

Distilleries Company of Sri Lanka PLC acquires Pelwatte Sugar Industries Limited.
Colombo Stoke Exchange [CSE] Today

Distilleries Company of Sri Lanka PLC acquires Pelwatte Sugar Industries Limited.

Distilleries Company of Sri Lanka PLC acquires Pelwatte Sugar Industries Limited.
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)

Source: http://www.cse.lk/cmt/upload_cse_announcements/3221300954021_.pdf

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