Touchwood Investments PLC Capitalization of Reserves calls

Touchwood Investments PLC Capitalization of Reserves calls

The Touchwood Investments PLC announced to Colombo Stock Exchange that the Board of Directors has passed the resolution of capitalization of reserves as follows.

Number of Shares to be issues:35,635,200
Proportion:1 new share for every 2 shares held
Consideration:Rs. 8.75 per Share
Total Consideration:Rs. 311,808,000



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