Category Archives: Colombo Stoke Exchange [CSE] Today

Mr. Rajendra Theagarajah Appointed to CSE Board
Colombo Stock Exchange [CSE]

Mr. Rajendra Theagarajah Appointed to CSE Board

The Colombo Stock Exchange made an announcement to General Public, that Mr. Rajendra Theagarajah has been appointed to the CSE Board from 17th April 2012.

People’s Merchant PLC Obtains Finance Business License from Central Bank of Srilanka
Colombo Stock Exchange [CSE]

People’s Merchant PLC Obtains Finance Business License from Central Bank of Srilanka

The People’s Merchant PLC made an announcement to Colombo Stock Exchange; that the Monetary Board of the Central Bank of Sri Lanka has granted the License to carry on Finance Business under Finance Act no 42 of 2011.

Mackwoods Energy Limited Listing CSE on 25th April 2012
Colombo Stock Exchange [CSE]

Mackwoods Energy Limited Listing CSE on 25th April 2012

The Colombo Stock Exchange made an announcement; that the Mackwoods Energy Limited a New Initial Public Offered Company will be Listing to Colombo Stock Exchange on 25th April 2012.

Indo-Malay Declares Final Dividend for Financial Year 2012
Colombo

Indo-Malay Declares Final Dividend for Financial Year 2012

The Indo-Malay PLC made an announcement in Colombo Stock Exchange; that the company has proposed Final Dividend of Rs. 16.00 per Share for the Financial Year of 2011/2012.

Selinsing Declares Final Dividend for Financial Year 2012
Colombo Stock Exchange [CSE]

Selinsing Declares Final Dividend for Financial Year 2012

The Selinsing PLC made an announcement in Colombo Stock Exchange; that the company has proposed Final Dividend of Rs. 29.50 per Share for the Financial Year of 2011/2012.

Good Hope Declares Final Dividend for Financial Year 2012
Colombo Stock Exchange [CSE]

Good Hope Declares Final Dividend for Financial Year 2012

The Good Hope PLC made an announcement in Colombo Stock Exchange; that the company has proposed Final Dividend of Rs. 21.00 per Share for the Financial Year of 2011/2012.

Shalimar Declares Final Dividend for Financial Year 2012
Colombo Stock Exchange [CSE]

Shalimar Declares Final Dividend for Financial Year 2012

The Shalimar (Malay) PLC made an announcement in Colombo Stock Exchange that the company has declares Final Dividend of Rs. 17.00 per Share for the Financial Year of 2011/2012.

No More 10% Price Band in CSE
Colombo

No More 10% Price Band in CSE

The Colombo Stock Exchange announced; that the Securities and Exchange Commission of Srilanka has decided to direct the Colombo Stock Exchange to Life the 10% Price Band.The 10% Price band was imposed for 5 Market days on certain securities based on an agreed formula which takes into account volatility and volumes.

Taprobane Holdings Limited – Introduction to Colombo Stock Exchange
Colombo Stock Exchange [CSE]

Taprobane Holdings Limited – Introduction to Colombo Stock Exchange

The Colombo Stock Exchange announced today the Taprobane Holdings Limited in principle application has been approved to listing of its Ordinary Voting shares on the Diri Savi Board of the CSE. 732,949,140 Ordinary Voting shares of the company will be listed by the way of introduction.

Samudra Beach Resorts Constructing a 4 Star Hotel in Kosgoda
Colombo Stock Exchange [CSE]

Samudra Beach Resorts Constructing a 4 Star Hotel in Kosgoda

The Samudra Beach Resorts (Pvt) Ltd a fully own Subsidiary of Browns Investment PLC signed an agreement with Board of Investment of Srilanka to constructing of a 4 Star Hotel with 150 Rooms in Kosgoda.

Liberty Plaza Expand operations into 180 Rooms Hotel in Colombo City
Colombo Stock Exchange [CSE]

Liberty Plaza Expand operations into 180 Rooms Hotel in Colombo City

The Liberty Plaza made an announced to Colombo Stock Exchange that the Colombo Land and Development Company PLC has entered into a Sales Agreement to purchases a plot of land on Duplication road adjacent to Liberty Plaza Southern Car Park at a Cost of 221 Million.

Colombo Fort Hotels Limited purchase 30.56% of Voting Rights of Sigiriya Village Hotel PLC
Colombo Stock Exchange [CSE]

Colombo Fort Hotels Limited purchase 30.56% of Voting Rights of Sigiriya Village Hotel PLC

The Sigiriya Village Hotel PLC made an announcement to Colombo Stock Exchange that the Colombo Fort Hotels Limited has purchased 2,750,000 Ordinary Voting Share of Sigiriya Village Hotels PLC at a Price of Rs.67.00 Each.

Kotagala Plantation Invested USD 70 Million in Rubber in Cambodia
Colombo Stock Exchange [CSE]

Kotagala Plantation Invested USD 70 Million in Rubber in Cambodia

The Kotagala Plantation PLC have invested in Cambodia, the Investments are along with the Business Diversification of Rubber.

New Amendment Minimum Brokerage & CDS Fee and Revision of Custodian Fee
Colombo Stock Exchange [CSE]

New Amendment Minimum Brokerage & CDS Fee and Revision of Custodian Fee

The Colombo Stock Exchange announced the new Amended Brokerage & CDS Fee with effect from 10th April 2012.

The Board of Directors of CSE and SEC have approved the Removal of the Minimum Brokerage fee of Rs. 10.00 and Minimum CDS Fee of Rs. 5.00 Levied on transactions.

Commercial Bank of Ceylon PLC Scrip Dividend for Year 2012
Colombo Stock Exchange [CSE]

Commercial Bank of Ceylon PLC Scrip Dividend for Year 2012

The Commercial Bank of Ceylon PLC announced the Scrip Dividend of year of 2012. The Scrip Dividends are available for the Voting and Non Voting shares as stated below,

Hatton National Bank Scrip Dividend for Year 2012
Colombo Stock Exchange [CSE]

Hatton National Bank Scrip Dividend for Year 2012

The Hatton National Bank announced the Scrip Dividend of year of 2012. The Scrip Dividends are available for the Voting and Non Voting shares as stated below,

Hotel Citrus Waskaduwa – 4 Stars Hotels with 150 Rooms
Colombo Stock Exchange [CSE]

Hotel Citrus Waskaduwa – 4 Stars Hotels with 150 Rooms

The Waskaduwa Beach Resort Limited, a subsidiary of Citrus Leisure PLC have made an agreement with Board of Investment of Srilanka on 5th April 2012 to Invest USD 23,770,000.00 or Srilanka Rupees equivalents.The Hotel Citrus Waskaduwa will locate at Waskaduwa, Kaluthara. The Hotel Citrus Waskaduwa will 4 Star graded and will operate with 140 Roomed consisting of a Presidential Suite, 9 Deluxe Rooms, 140 Superior Rooms, Extensive Banquet facilities and a Spa including of water sports activities.

Entrust Securities Limited Indicative Price is LKR 20.00
Colombo Stoke Exchange [CSE] Today

Entrust Securities Limited Indicative Price is LKR 20.00

The Entrust Securities Limited Announced to Colombo Stock Exchange that the Company’s Indicative Price will be Rs.20.00 Each.

Merchant Bank of Srilanka PLC Debentures will be listed on 2nd December 2011
Colombo Stoke Exchange [CSE] Today

Merchant Bank of Srilanka PLC Debentures will be listed on 2nd December 2011

29th November 2011, The Colombo Stock Exchange announced that the Merchant Bank of Srilanka PLC Debentures will be listed on 2nd December 2011 o the Debt Securities Main board of the CSE.

DFCC Vardhana Bank Ltd becomes Public Limited Company (PLC)
Colombo Stoke Exchange [CSE] Today

DFCC Vardhana Bank Ltd becomes Public Limited Company (PLC)

28th November 2011, the DFCC Vardhana Bank announced to Colombo Stock Exchange that the Bank will be a Public Limited Company (PLC) from 28th November 2011, as per the Introduction and Listing of the Debentures.

Hatton National Bank PLC Debenture Introduction
Colombo Stoke Exchange [CSE] Today

Hatton National Bank PLC Debenture Introduction

29th November 2011, the Colombo Stock Exchange announced that CSE has approved the In Principle applications of Hatton National Bank PLC Debenture Introduction. The HNB is listing its 20,000,000 Debentures on the Main board of CSE.

Mr.A.Rajaratnam Appointed as Chairman of York Arcade Holdings PLC
Colombo Stoke Exchange [CSE] Today

Mr.A.Rajaratnam Appointed as Chairman of York Arcade Holdings PLC

22nd November, The York Arcade Holdings PLC announced to Colombo Stock Exchange that the Mr.A.Rajaratnam Appointed as Chairman of York Arcade Holdings PLC.

Lankem Ceylon PLC acquire Galle Fort Hotel (Private) Limited
Colombo Stoke Exchange [CSE] Today

Lankem Ceylon PLC acquire Galle Fort Hotel (Private) Limited

22nd November 2011, the Lankem Ceylon PLC announced to Colombo Stock Exchange that the Companies Direct Subsidiary Colombo Fort Hotels Limited has Acquire 100% of issued Capital of Galle Fort Hotel (Private) Limited at the total Consideration of Rs.772,170,000.00

E.B.Creasy & Co PLC acquire Galle Fort Hotel (Private) Limited
Colombo Stoke Exchange [CSE] Today

E.B.Creasy & Co PLC acquire Galle Fort Hotel (Private) Limited

22nd November 2011, the E.B.Creasy & Co PLC announced to Colombo Stock Exchange that the Companies Indirect Subsidiary Colombo Fort Hotels Limited has Acquire 100% of issued Capital of Galle Fort Hotel (Private) Limited

The Kandy Hotels Company (1938) PLC Sub Division of Shares
Colombo Stoke Exchange [CSE] Today

The Kandy Hotels Company (1938) PLC Sub Division of Shares

22nd November 2011, the Kandy Hotels Company (1938) PLC informed to Colombo Stock Exchange; the Board of Director Approve the Sub Division of Shares subject to Shareholders Approvals at a General Meeting.

LB Finance PLC rated as Stable Outlook for Long term Perspective by RAM Ratings
Colombo Stoke Exchange [CSE] Today

LB Finance PLC rated as Stable Outlook for Long term Perspective by RAM Ratings

24th November 2011, the LB Finance PLC announced to Colombo Stock Exchange that the Company has upgraded its rating of RAM Rating for Long and short term financial institution rating from BBB+ / P2 to A- / P2.

Ceylon Leather Product PLC acquires Palla and Company (private) Limited
Colombo Stoke Exchange [CSE] Today

Ceylon Leather Product PLC acquires Palla and Company (private) Limited

18th November 2011, the Ceylon Leather Product PLC announced to Colombo Stock Exchange, that the company has made finalized agreement to acquire 60% of the Stated capital of Palla and Company (private) Limited at a Consideration of Rs. 120,926,571.00

LVL Energy Fund Limited issue Private Placement
Colombo Stoke Exchange [CSE] Today

LVL Energy Fund Limited issue Private Placement

18th November the Lanka Ventures PLC announced to Colombo Stock Exchange, that the LVL Energy Fund Limited, which is a wholly owned subsidiary of the company has proposed to issue 15,600,000 Ordinary Voting share(23%) of the Issued Share capital by the way of Private Placement. The Private placement made at the minimum price of LKR. 45.00

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