Browns Investment Limited IPO Oversubscribed by 5.33 times

Browns Investment Limited
Browns Investment Limited

Today 30th June 2011, the SSP corporate services announced to Colombo Stock Exchange the Browns Investment Limited IPO oversubscribed by 5.33 times.

Category No of shares Applied Value
Bank Draft and Cheques 94,248,000 LKR 471,240,000.00
Bank Guarantees 172,400,000 LKR 862,000,000.00
Total 266,648,000 LKR 1,333,240,000.00
     
No of shares Issued 50,000,000 LKR 250,000,000
No of times to Oversubscribed 5.33 5.33

 

Source: http://www.cse.lk/cmt/upload_cse_announcements/6101309422305_.pdf

Related Sources:

http://synergyy.com/2011/06/23/browns-investments-limited-ipo-oversubscribed/

http://synergyy.com/2011/06/18/browns-investments-limited-%e2%80%93-initial-public-offerings/

http://synergyy.com/2011/06/02/browns-investment-limited-offer-for-subscription/

Vallibel One IPO Oversubscribed by 11.59 times

Vallibel One IPO
Vallibel One IPO

28th June 2011, Vallibel One IPO announced the IPO is oversubscribed by 11.59 times.

Category No of Shares Value
Bank Guarantees          155,289,400 LKR 3,882,235,000.00
Bank draft or Cheques            91,760,600 LKR 2,294,015,000.00
Total          247,050,000 LKR 6,176,250,000.00
     
Number of shares issued            21,311,870 LKR 532,796,750.00
     
No of times Oversubscribed 11.59 11.59

 

Source: http://www.cse.lk/cmt/upload_cse_announcements/3211309321511_.pdf

Related Sources:

http://synergyy.com/2011/06/21/vallibel-one-ipo-oversubscribed/

http://synergyy.com/2011/06/17/vallibel-one-acquired-lewis-brown-company-limited/

http://synergyy.com/2011/06/14/vallibel-one-ipo/

http://synergyy.com/2011/06/03/vallibel-one-limited-offer-for-subscription/

Mr.T.Senthilverl Brought 16.39% of Orient Garments Limited

Orient Garments Limited
Orient Garments Limited

29th June 2011, the Taprobane Stock Brokers Announced to Colombo Stock Exchange that their client Mr. Mr.T.Senthilverl has brought 9 Million Ordinary Voting shares at Rs.28.01 each.

The shares are amounted to 16.39% of Ordinary voting shares in Issued.

Source: http://www.cse.lk/cmt/upload_cse_announcements/7661309348086_.pdf

Nawaloka Hospital PLC Interim Dividend

Nawaloka Hospital PLC
Nawaloka Hospital PLC

Today 28th June 2011, the Nawaloka Hospital PLC announced the Interim Dividend of Rs.0.05 per share. The interim dividend is for the financial year of 2011/2012.

The ex dividend date will be on 7th July 2011 and the payment will be on 18th July 2011.

The Orient Garments Limited Indicative Price

Orient Garments Limited
Orient Garments Limited

The Orient Garments Limited decided the Indicative price of its shares as a Rs.23.00. the Orient Garments Limited introduction is listing on CSE tomorrow 29th June 2011.

Related Sources:

http://synergyy.com/2011/06/25/orient-garments-limited-listing-on-29th-june-2011/

http://synergyy.com/2011/06/22/orient-garments-limited-published-introductory-documents/

http://synergyy.com/2011/06/10/orient-garments-limited-%e2%80%93-introduction-to-cse/

Bartleet Finance Limited Debt Introduction in CSE

Bartleet Finance Limited
Bartleet Finance Limited

Today 28th June 2011, the Colombo Stock Exchange announced that CSE has approved in Principle application to listing it Debentures on the Main Board of the CSE.

The Bartleet Finance Limited will list 2,040,000 Debentures on Main board of CSE.

The Introductory Document will be made available to all Members of Firms and Trading Members Firms shortly.

Source: http://www.cse.lk/cmt/upload_cse_announcements/1361309235779_.pdf

Srilanka Economic Summit 2011 by The Ceylon Chamber of Commerce

Srilanka Economic Summit 2011
Srilanka Economic Summit 2011

The Ceylon Chamber of Commerce organized Srilanka Economic Summit 2011, this is 12th consecutive year of success.

The programme is targeted to Chairmen, CEO, Directors, Senior Managers, Managers, Executives, and Management trainees, Foreign Investors, Senior Government Officials and Academics.

The Srilanka Economic Summit 2011 wills constant of,

  • Attracting Investments – The Ease of Doing Business
  • Financial Sector Challenges
  • Growth Opportunities in Tourism
  • New Growth Opportunities – ICT/BPO
  • New Growth Opportunities – Higher Education and Skill Development
  • Logistic (port, Shipping and Aviation)
  • Agriculture Plantation and food security
  • Healthcare and Health Insurance
  • Construction
  • Breaking the Bottlenecks in Development

The Registration fee,

Local participants: LKR.20,000.00 (including Local Taxes)
For 3 or more Bookings: LKR.18,000.00 (including Local Taxes)
Foreign Participants: US$.250.00

 

For more information:

Irangika Siriwardena,
The Ceylon Chamber of Commerce,
No 50, Navam Mawatha,
Colombo 02.
Tel: 0094 11 5588871, 0094 11 5588800
Email: irangika@chamber.lk
Website: http://www.chamber.lk/

 

More Detail of Srilanka Economic Summit: http://www.chamber.lk/manager/upload_file/news/n_6191_1.pdf

Postgraduate Programme in Management for Executives by Indian Institute of Management (IIM) Ahmedabad

Postgraduate Programme in Management for Executives by Indian Institute of Management (IIM) Ahmedabad
Postgraduate Programme in Management for Executives by Indian Institute of Management (IIM) Ahmedabad

The Indian Institute of Management (IIM) Ahmedabad invites applications for Postgraduate Programme in Management for Executives (7th PGPX).

Duration:             One year Residential

Eligibility:

  • Bachelor’s Degree or Equivalent in any Discipline,
  • GMAT score obtained between 1st April 2008 and 10th August 2011.
  • Minimum completed age of 27 years by 31st March 2012 with substantial Experience.
Application closing date: 10th August 2011
Application mode: Apply through online (http://203.200.225.131/pgpx/login.php )
The Basic Information: http://www.iimahd.ernet.in/users/pgpx/files/PGPX_VII.pdf

 

For more information:

The Manager,
PGPX,  
Indian Institute of Management,
Ahedanad 380015,
India.  
Tel: 0091 79 66324449 – 4450
Email: pgpxquery@iimahd.ernet.in
Website: http://www.iimahd.ernet.in/programmes/pgpx.html

Free & Free to Choose Higher Education by Pathfinder

Free & Free to Choose Higher Education by Pathfinder
Free & Free to Choose Higher Education by Pathfinder

The Pathfinder foundation is a non-profit, non-partisan, research and advocacy institute which conducts periodic community meeting and seminars title Sanvada or Samvatham.

The pathfinder organized a programme of Free & Free to Choose Higher Education, the main presentations are,

  • Free & Free to Choose Higher Education: Role of State, Private Sector and Regulations
  • Why A National Qualification framework should be a priority
  • Higher Education in Srilanka
  • Development of Private Higher Education in Srilanka – Sizing the Opportunity
  • And the Open Forum

All the proceedings with simultaneous translation to Sinhala/ Tamil / English

Date: 30th June 2011
Time: 2.30 Pm to 5.30 Pm
Venue: Srilanka Foundation Institute,
  No 100, Independence Square,
  Colombo 07.
Admission: Free
For Prior registration:
Tel: 011 2372895, 011 2372896
Email: pm@pathfinderfoundation.org

 

For More information:

http://sanvada.org/

http://pathfinderfoundation.org/

Scholarship Programe for Advance Course in Language and Pedagogy for Teachers of English

Scholarship Programe for Advance Course in Language and Pedagogy for Teachers of English
Scholarship Programe for Advance Course in Language and Pedagogy for Teachers of English

Ministry of Educations invites Applications for Advance Course in Language and Pedagogy for Teachers of English scholarship by Ministry of Education under Asian Development Bank Funds.

The Programme will be conducted for 3 month at Peradeniya National College of Education.

Target Person: Teacher of English
Eligibility: those who have more than 10 year experience as an English Teacher
Scholarships  
  100 Scholarships will be award to the Applicant who faces the Selection process successfully. The Scholarship covers 90% of Course fee, Food, Accommodation and Course Material.  Balance 10% should be borne by the awarded recipients.
Application closing date: 15th July 2011.
Age Limit: below 50 Year ( 01.07.2011)

The Self prepared Applications should be send the following address (please mark “CCPSD” on the Top Left hand corner of the envelop.

Registrar,
Peradeniya National College of Education,
Peradeniya.

Scholarship Programe for Certificate Course in Professional Skills Development in English

Scholarship Programe for Certificate Course in Professional Skills Development in English
Scholarship Programe for Certificate Course in Professional Skills Development in English

Ministry of Educations invites Applications for Certificate Course in Professional Skills Development in English scholarship by Ministry of Education under Asian Development Bank Funds.

The Programme will be conducted for 3 month in Peradeniya National College of Education.

The target Group:
  Deputy Directors of Education
  Assistant Directors of Education
  Provincial Coordinators (English)
  Teacher Centre Managers
  Teacher Educators,
  Principals,
  Deputy Principals,
  Assistant Principals,
  Section Heads,
  Project Officers,
  ISAs

 

Eligibility: the Applicant represents the above category and applying given the following details
  Years of Service
  Educational and professional Experience
  Essential Personal data with Contact Details
Scholarships  
  100 Scholarships will be award to the Applicant who faces the Selection process successfully. 90% of Course fee, Food, Accommodation and Course Material will be provided. The Balance 10% should be borne by the awarded recipients.

 

Application closing date: 15th July 2011.
Age Limit: below 50 Year ( 01.07.2011)

               

The Self prepared Applications should be send the following address (please mark “CCPSD” on the Top Left hand corner of the envelop.

Registrar,

Peradeniya National College of Education,

Peradeniya.

Multi Finance Limited Private Placement (Debt Conversion)

Multi Finance Limited
Multi Finance Limited

27th June 2011, the Multi Finance Limited Announced to Colombo Stock Exchange, the Board of Directors Resolve convert the existing debt into voting ordinary shares in Pari passu at the price of Rs.30.00

Detail of Debt Conversion

Loan amount to be converted: Rs.185, 000,000.00
Conversion Price: Rs.30.00
No of New Shares issued: 6,166,667
Name of the Party: Entrust Limited
Current Stated Capital: Rs.185, 990,196.00

 

The Above Private Placement is subject to approvals of Central Bank of Sri Lanka Securities and Exchange Commission of Srilanka and Shareholder approval at a general meeting.

Source: http://www.cse.lk/cmt/upload_cse_announcements/9391309176875_.pdf

Related Source:

http://synergyy.com/2011/06/28/the-multi-finance-company-limited-becomes-multi-finance-limited/

The Multi Finance Company Limited becomes Multi Finance Limited

Multi Finance Limited
Multi Finance Limited

24th June 2011, the Multi Finance Limited announced to Colombo Stock Exchange, that the company has change the name from “The Multi Finance Company Limited” to “Multi Finance Limited” with the effect from 26th May 2011.

All necessary approvals from the Central Bank, Registrar of Companies and Shareholders have been obtained for same.

Source: http://www.cse.lk/cmt/upload_cse_announcements/8731309155491_.pdf

Srilanka Canada Scholarships Foundation Offers Scholarships for GCE Advance Level.

Srilanka Canada Scholarships Foundation
Srilanka Canada Scholarships Foundation

Srilanka Canada Scholarships Foundation offers Scholarships to Srilankan Students who have passes the GCE (O/L) examination with a Minimum of 8A’s and now studying for their GCE (A/L) Examinations.

The Applications can be downloading from Srilanka Canada Scholarships Foundation Website:  http://www.slcsf.org/ .

The Applications needs to be submitted on or before 30th June 2011 To the following Address.

Dr.Bandula Abeysundara,
Secretary, Srilanka Canada Scholarship Foundation,
1406 Garibaldi Place,
Coquitlam, BC,
V3E 2S6,
Canada.
Application Forms:
English: http://www.slcsf.org/Scholarship_Application_Apr2011.pdf
Sinhala: http://www.slcsf.org/Sinhala_Scholarship_Application_Apr2011.pdf
Details:  
English: http://www.slcsf.org/Instructions_for_Application_May2011.pdf
Sinhala: http://www.slcsf.org/Sinhala_Instructions_for_Application_May2011.pdf

For More Information: http://www.slcsf.org/

Softlogic Finance PLC Rights Issue

Softlogic Finance PLC
Softlogic Finance PLC

24th June 2011, Softlogic Finance Plc announced to Colombo Stock Exchange, the Board of Directors of Softlogic Finance PLC resolve to issue new ordinary shares by the way of a Rights Issue.

Objective of Rights issue

  • Expand the lending activities of the company
  • Fulfill the capital adequacy requirement to business expansion
No of Shares to issue: 10,701,129 Ordinary Voting Shares
Proposition of Rights: 2 new shares of Every 5 shares Held
Rights Price: Rs.50.00 per share

 

Source: http://www.cse.lk/cmt/upload_cse_announcements/9671308916678_.pdf

Orient Garments Limited Listing on 29th June 2011

Orient Garments Limited
Orient Garments Limited

24th June 2011, the Colombo Stock Exchange announces the Orient Garments Limited will be listing its 54,916,656 Ordinary Voting shares in Diri Savi Board of Colombo Stock Exchange on 29th June 2011.

The Orient Garments Limited will be classified under Manufacturing Sector. The Orient Garments Limited will be denoted the Security code as OGL.N.0000.

Source: http://www.cse.lk/cmt/upload_cse_announcements/8541308911963_.pdf

Related sources:

http://synergyy.com/2011/06/22/orient-garments-limited-published-introductory-documents/

http://synergyy.com/2011/06/10/orient-garments-limited-%e2%80%93-introduction-to-cse/

Convenience Food (Lanka) PLC Declares Dividend

Convenience Food (Lanka) PLC
Convenience Food (Lanka) PLC

24th June 2011, the Convenience Food (Lanka) PLC announces the first and Final Dividend of Rs.2.50 per share. The Dividend is for the financial year of 2010/2011.

The Ex Dividend date will be 28th July 2011 and the Payment will be on 5th August 2011.

The Dividend announcement is subjective to the shareholders approvals on AGM 27th July 2011.

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=168&symbol=SOY.N0000

Central Finance Company PLC declares Final Dividend

Central Finance Company PLC
Central Finance Company PLC

Today 24th June 2011, the Central Finance Company PLC announced the final Dividend of Rs.5.00 per share for the financial year of 2010/2011.

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=447&symbol=CFIN.N0000

Abans Finance Services Limited – Indicative Price

Abans Financial Services Limited
Abans Financial Services Limited

Today 24th June 2011, the Abans Finance Services Limited announced to CSE the Indicative price as Rs.9.50 per share. The Abans Finance Services Limited introduction will be listing on 27th June 2011.

Related Source:

http://synergyy.com/2011/06/24/abans-financial-services-limited-introductory-document/

http://synergyy.com/2011/06/23/abans-financial-services-limited-listing-cse-on-27th-june-2011/

http://synergyy.com/2011/06/10/abans-financial-services-limited-%e2%80%93-introduction/

Abans Financial Services Limited Introductory Document

Abans Financial Services Limited
Abans Financial Services Limited

The Abans Financial Services Limited made available the Introductory Document and articles of Association in CSE website.

Introductory Document: http://www.cse.lk/270808/pdf/21_06_2011_AFSL_Intro_doc.pdf
Articles of Association: http://www.cse.lk/270808/pdf/21_06_2011_AFSL_Arti.pdf
   
   

Related sources:

http://synergyy.com/2011/06/23/abans-financial-services-limited-listing-cse-on-27th-june-2011/

http://synergyy.com/2011/06/10/abans-financial-services-limited-%e2%80%93-introduction/

Lanka Orix Finance Company Limited Introduction

Today 24th June 2011, the Colombo Stock Exchange announced the CSE approved in principle application of Lanka Orix Finance Company Limited. The company will list 2,800,000,000 Ordinary Voting shares on Diri Savi Board of Colombo Stock Exchange.

The Introductory document will be made available by the company to all member of Firms and trading Members.

Source: http://www.cse.lk/cmt/upload_cse_announcements/7861308891717_.pdf

Bairaha Farms PLC Declares Final Dividend

Bairaha Farms PLC
Bairaha Farms PLC

Today 24th June 2011, the Bairaha Farms PLC declares final dividend of Rs.2.00 per share. The Dividend is for the financial year of 2010/2011.

The Ex Dividend date will be 05th July 2011 and the payment will be on 15th July 2011.

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=188&symbol=BFL.N0000

Textured Jersey Lanka Limited IPO

Textured Jersey Lanka Limited
Textured Jersey Lanka Limited

The Textured Jersey Lanka Limited published their Prospectus, Applications and the Articles of Associations on Colombo Stock Exchange Website.

The Textured Jersey Lanka Limited is offer for subscribed 80 Million Ordinary Voting shares at Rs.15.00 Each.

Textured Jersey Lanka Limited IPO Objectives

The Textured Jersey Lanka Limited IPO is plan to raise Rs.1.20 Billion and the following Objectives as per Prospectus

  • Construct Modern Production Facility Rs.344 Million
  • The company expects to constructs a modern Productions facility at a cost of Rs.344 Million (US$3.20 Million). The facility will be a line with the international Accepting Quality standards.

  • Improvement of Production Facilities Rs.1 Billion
  • The Company expected to utilize to purchase Knitting Machines, Preparation machines, dyeing and finishing machines and improve the infrastructure of the Facility house.

  • Environmentally Friendly Manufacturing Facility Rs.82 Million
  • The company expects to invest Rs.82 Million on the environmental friendly procedures of the infrastructure. This will be utilizing for a water treatment plant of the new production Facility.

 

IPO Opening and closing date

The Textured Jersey Lanka Limited IPO will be open on 7th July 2011 will close on 27th July or on the date on which is oversubscribed, whichever date is earlier.

Minimum Subscription

The Minimum subscriptions will be 100 shares (Rs.1, 500) and the excess should be multiply of 100 shares.

Banks of the IPO offers

The Textured Jersey Lanka Limited IPO is will be done by the co banks of Hatton National bank PLC (HNB) and The Hongkong and Shanghai Banking Corporation Limited (HSBC).

IPO and total Number of Shares

The Textured Jersey Lanka Limited is issued for IPO 12.21% of the issued paid-up Ordinary shares. An Application has made to the CSE for permission to deal 655,002,440 Ordinary Voting shares to list on the Main Board of CSE.

Allotment Basis

The 80 Million shares will be allotted as following,

Category % Of IPO shares
Employees 10% of the Shares
Unit Trust Investors 10% of the Shares
Retail Individual Investor 40% of the Shares
Non Retail Individual Investor 40% of the Shares

 

Prospectus, Applications and Articles of Associations of Textured Jersey Lanka Limited

Prospectus: http://www.cse.lk/270808/pdf/22_06_2011_TJLL_Pros.pdf
Application Form: http://www.cse.lk/270808/pdf/22_06_2011_TJLL_App_Form.pdf
Articles of Associations: http://www.cse.lk/270808/pdf/22_06_2011_TJLL_Arti.pdf
   

Alliance Finance Company PLC First and Final Dividend

Alliance Finance Company PLC
Alliance Finance Company PLC

Today 23rd June 2011, the Alliance Finance Company PLC announced first and final Dividend of Rs.27.50 per share for the financial year of 2010/2011.

The Ex Dividend date will be 1st August 2011 and the Payment will be on 5th August 2011.

The dividend is subjective to the shareholders approvals on the AGM on 29th July 2011.

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=395&symbol=ALLI.N0000

Chevron Lubricants Lanka PLC 1st Interim Dividend

Chevron Lubricants Lanka PLC
Chevron Lubricants Lanka PLC

Today 23rd June 2011, the Chevron Lubricants Lanka PLC announced 1st Interim Dividend of Rs.2.50 per share for the financial year of 2011.

The Ex Dividend date will be 4th July 2011 and the Payment will be on 13th July 2011.

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=131&symbol=LLUB.N0000

Central Investments and Finance Limited – IPO

Today 23rd June 2011, the Colombo Stock Exchange Announced that the CSE has approved in Principle application for listing Ordinary Voting shares in CSE Main Board.

No of shares to be offer

The Company subscribed for a 40 Million ordinary voting shares at the price of Rs.10.00 each

The prospectus will be available in Member of Firms and trading members on 6th July 2011.

Opening date for Subscriptions

21st July 2011

Managers to the offer

Kenange Investment Corporation Limited

Registrars’ to the offer

SSP Corporate service (Pvt) Ltd.

Source: http://www.cse.lk/cmt/upload_cse_announcements/791308822620_.pdf

Srilanka Insurance Corporation Brought 12.70% of Blue Diamond Jewellery

Today 23rd June 2011, the Lanka Securities Pvt Ltd announced to Colombo Stock Exchange, that their client Srilanka Insurance Corporation General Fund has Brought 13,121,700 Voting ordinary shares of Blue Diamonds Jewellery Worldwide PLC.

The Purchase is 12.70% of Issued ordinary shares.

Source: http://www.cse.lk/cmt/upload_cse_announcements/3581308820440_.pdf

Abans Financial Services Limited Listing CSE on 27th June 2011

Today 23rd June 2011, the Colombo Stock Exchange announced, the Abans Financial Service Limited permitted for trading from 27th June 2011 would be classified under Banks, Finance and Insurance Sector.

The shares will be listed on the Diri Savi Board of Colombo Stock Exchange.

Type of Shares: Ordinary Voting shares
Security Code: AFSL.N.0000
Total No of shares to be listed: 37,000,000

 

Source: http://www.cse.lk/cmt/upload_cse_announcements/6641308802961_.pdf

Related Sources:

http://synergyy.com/2011/06/10/abans-financial-services-limited-%e2%80%93-introduction/