People’s Merchant Bank PLC

People’s Merchant Bank PLC

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




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