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Browns Investment Limited Offer for Subscription

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1st June 2011, the Browns Investment Limited in principle application has been approving by the CSE.

The Browns Investment Limited looking forward to listing its 50 Million Ordinary Voting shares at Diri Savi Board at the Price of Rs.5.00 each( offer for subscription is Rs.250 Million).

 The Subscription will be opening on 23rd June 2011.

Managers of the Offer

Taprobane Holdings Limited.

Registrars to the offer

SSP Corporate Service (Pvt) limited.

The Prospectus will be available to Members firms and trading members on 13th June 2011.

Source: http://www.cse.lk/cmt/upload_cse_announcements/6851306929894_.pdf


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Prasanna

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9 responses to “Browns Investment Limited Offer for Subscription”

  1. darshana Avatar
    darshana

    WHO IS THE BANKERS, WHERE APPLICATION FORM AVAILABLE

    Reply
    1. prasanna Avatar
      prasanna

      Dear Darshana,
      The Browns Investment Limited IPO
      Banker to the offerings is: Seylan Bank PLC,
      Millennium Branch,
      No 90, Galle Road,
      Colombo 02.
      Tel: 0094 11 2421878, 0094 11 2421879

      Please find the links for Prospectus, Application Form and Article of Association
      Prospectus: http://www.cse.lk/270808/pdf/14_06_2011_Browns_Inv_Pros.pdf
      Application Form: http://www.cse.lk/270808/pdf/14_06_2011_Browns_Inv_App_Form.pdf
      Article of Association: http://www.cse.lk/270808/pdf/14_06_2011_Browns_Inv_Arti.pdf
      Thanks and best regards,
      Prasanna.A

      Reply
      1. darshna Avatar
        darshna

        but in application form bankers is commercial bank and I want to know about who is the bankers of vallibel one

        Reply
        1. prasanna Avatar
          prasanna

          Dear Darshna,
          As per Prospectus
          Vallibel One: Pan Asian Banks corporation PLC
          Browns Investment: Seylan Bank PLC
          I personally call and confirm these above information.
          Thanks n best regards,
          Prasanna.A

          Reply
  2. darshana Avatar
    darshana

    I have RS25,000 I want to buy vallibel one and browns investments now I have a problem which company is limit shares please give me a help to buy shares for suitable ratio

    Reply
    1. prasanna Avatar
      prasanna

      Dear Darshana,
      You have to decided on your own, the Minimum you have to apply as,
      Vallibel one: 100 Shares @ Rs.25.00
      Browns Investments Limited: 1000 Shares @ Rs.5.00
      The Decision is yours’
      Thanks and best regards,
      Prasanna.A

      Reply
  3. darshna Avatar
    darshna

    thank you, very much for replying all my questions

    Reply
  4. darshna Avatar
    darshna

    Is the browns investment long term INVESTMENT or short term ? can we sell share a higher price at first day?
    Is the VALLIBEL ONE long term INVESTMENT or short term INVESTMENT ? can we sell share a higher price at first day?

    Reply
    1. prasanna Avatar
      prasanna

      Dear Mr.Darshna,
      That’s Depend on your investment and your expectation,
      Regards,
      Prasanna.A

      Reply

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