Today 7th July 2011, the Singalanka Standard Chemicals PLC announced the amendment of the rights issues as follows,
4,155,621 Ordinary Voting shares issue as Rights at the proportion of 3 Ordinary Voting shares for Every 1 Ordinary Voting Shares Held at the price of Rs.55.00 each.
The EGM and provisional Allotments will be on 11th August 2011 and the Ex Rights will be on 12th August 2011.
The Provisional Letter of Allotment will dispatch on 18th August 2011 and the trading commence on 24th August 2011.
Renunciation will be on 1st September and the last date to acceptance and payments will be on 2nd September 2011.