Property Development PLC acquire 10.63% Koladeniya Hydropower (Pvt) Ltd

Property Development PLC acquire 10.63% Koladeniya Hydropower (Pvt) Ltd

The Koladeniya Hydropower (Pvt) Ltd issued 21,699,899 shares of Rs. 10 each to Property Development Plc against the credit available to Property Development Plc.

The Koladeniya Hydropower (Pvt) Ltd has been commence their commercial operation and connected to Ceylon Electricity Board on 25th April 2012.

The Acquired shares of 21,699,899 shares is 10.63% out of the total Equity capital of Rs. 2,042,205,126.00




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