Malwatte Valley Plantations PLC

Malwatte Valley Plantations PLC

13th June 2011, the Malwatte Valley Plantations PLC announced to Colombo Stock Exchange as their Rights issue amended as follows,

No of shares to be issued

Voting Shares:49,518,032
Non Voting Shares:49,518,032

 

Proportion

Voting share:2 Voting share and 2 Non Voting Shares for Every 10 voting shares Held.
Non Voting share:2 Voting share and 2 Non Voting Shares for Every 10 Non Voting shares Held.

 

Considerations

Voting share:Rs.6.75
Non Voting share:Rs.5.50

 

Total Rights value

Sharesno of sharesvalue of shareTotal
Voting share49,518,032LKR 6.75LKR 334,246,716.00
Non Voting share49,518,032LKR 5.50LKR 272,349,176.00
Total99,036,064 LKR 606,595,892.00

 

Source: http://www.cse.lk/cmt/upload_cse_announcements/4671307959352_.pdf

Pervious Rights:                http://synergyy.com/2011/06/malwatte-valley-plantations-plc-rights-issue/




Leave a Reply

Your email address will not be published. Required fields are marked *