Tag Archives: Acquisition in CSE

Browns Investments PLC Acquired fully (95%) of FLC Joint Venture Company (Pvt) Ltd
Business News

Browns Investments PLC Acquired fully (95%) of FLC Joint Venture Company (Pvt) Ltd

Browns Investments PLC announced to Colombo Stock Exchange that that Browns Investments PLC has acquired 50,000,000 shares of F L …Read the Rest

Textured Jersey Lanka PLC going to acquire Ocean India (Pvt) Ltd and Quenby Lanka Prints (Pvt) Ltd
Business News

Textured Jersey Lanka PLC going to acquire Ocean India (Pvt) Ltd and Quenby Lanka Prints (Pvt) Ltd

The Board of Directors of Textured Jersey Lanka PLC (‘TJL’) has decided to initiate an independent valuation and due diligence …Read the Rest

ECL Soft (Pvt) Ltd Jointed with E-Channeling PLC
Business News

ECL Soft (Pvt) Ltd Jointed with E-Channeling PLC

Further to the previous announcement made on the 22nd day of January 2015, with reference to the amalgamation of ECL …Read the Rest

M.R Ramanan Acquire 10% of Millennium Housing Developers Plc
Business News

M.R Ramanan Acquire 10% of Millennium Housing Developers Plc

The Millennium Housing Developers Plc stated to Colombo Stock Exchange that M.R Ramanan Acquire 10% of Millennium Housing Developers Plc …Read the Rest

Lankem Ceylon PLC Acquired J. F. Packaging (Private) Limited for Rs. 600 Million
Business News

Lankem Ceylon PLC Acquired J. F. Packaging (Private) Limited for Rs. 600 Million

Lankem Ceylon PLC announce to the Colombo Stock Exchange that the company has on the 30th January 2015 through purchase …Read the Rest

Shaw Wallace Ceylon Limited brought 50% of Richlife Dairies Limited from Renuka Agri Foods PLC
Business News

Shaw Wallace Ceylon Limited brought 50% of Richlife Dairies Limited from Renuka Agri Foods PLC

Renuka Foods PLC announce to the Colombo Stock Exchange that the Shaw Wallace Ceylon Limited, a sub-subsidiary of Renuka Foods …Read the Rest

Janashakthi Limited Brought Bartleet Finance Plc
Business News

Janashakthi Limited Brought Bartleet Finance Plc

Janashakthi Limited (“JL”), Announce in to the Colombo Stock Exchange that the Janashakthi Limited has purchases 99.78/% of Bartleet Finance …Read the Rest

Panasian Power Acquire Padiyapelella Hydropower Limited
Business News

Panasian Power Acquire Padiyapelella Hydropower Limited

The Panasian power PLC a leading hydropower energy producers in srilanka announced that the company have obtain the shareholders approvals to acquires 90% stake of Padiyapelella Hydropower Limited.

Laugfs Holdings Limited Purchase Controlling power Softlogic Credit Limited
Business News

Laugfs Holdings Limited Purchase Controlling power Softlogic Credit Limited

The Board of Directors of Softlogic Capital PLC announced to Colombo Stock Exchange, that the Company signed an agreement on Share Sales and Purchases with Laugfs Holdings Limited on 28th September 2012.

LOLC Group Acquires Brown & Company PLC
Business News

LOLC Group Acquires Brown & Company PLC

The LOLC made an announcement to Colombo Stock Exchange that the company has acquired 50% of Diriya Investments (Pvt) Ltd for a Consideration of Rs. 1.32 Billion.

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

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.

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

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 Stoke Exchange [CSE] Today

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.

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

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

CIC Holdings Acquire Ceylinco Pharmaceuticals Limited
Colombo Stoke Exchange [CSE] Today

CIC Holdings Acquire Ceylinco Pharmaceuticals Limited

3rd November 2011, the CIC Holdings PLC announced to Colombo Stock Exchange that the company has Acquire 900,000 Shares at the total Consideration of Rs.7.65 Million.

Shorecap II Invested in The Finance & Guarantee Company
Colombo Stoke Exchange [CSE] Today

Shorecap II Invested in The Finance & Guarantee Company

28th October 2011, the Union Bank PLC announced to Colombo Stock Exchange that, the Union Bank Invested Rs.600 Million to Acquire 81.27% of the The Finance & Guarantee Company.

Navara Capital Pvt Ltd Acquire 68% of MBSL Saving Bank Limited
Colombo Stoke Exchange [CSE] Today

Navara Capital Pvt Ltd Acquire 68% of MBSL Saving Bank Limited

The Merchant Bank of Srilanka PLC announced to Colombo Stock Exchange that the Company’s Board of Directors has accepted an offer made by a consortium of Investors led by Navara Capital Pvt Ltd to Purchases 68% of MBSL Saving Bank Limited.

Navara Capital (Private) Limited Acquires Infrastructure developers PLC
Colombo Stoke Exchange [CSE] Today

Navara Capital (Private) Limited Acquires Infrastructure developers PLC

the Navara Capital (Private) Limited has brought 4,653,200 Ordinary Voting share at the price of Rs.27.50 each, Which is amounted to 95.79% of the Ordinary Voting shares in Issue

Employee Provident Fund Acquire 33 Million Shares of Laugfs Gas PLC
Colombo Stoke Exchange [CSE] Today

Employee Provident Fund Acquire 33 Million Shares of Laugfs Gas PLC

The Laugfs Gas Made an Announcement to Colombo Stock Exchange that the, Employee Provident Funds Acquires 33 Million Ordinary Voting shares at the Price of Rs.48 each.

LOLC Leisure Ltd Purchased Remaining 40% Tropical Villas (Pvt) Ltd
Colombo Stoke Exchange [CSE] Today

LOLC Leisure Ltd Purchased Remaining 40% Tropical Villas (Pvt) Ltd

5th October 2011, the LOLC announced to Colombo Stock Exchange, the LOLC Leisure Ltd a subsidiary of Lanka ORIX Leasing Company PLC. The Lanka ORIX Leasing Company PLC holds 70% of the LOLC Leisure Ltd.

PC House Acquires Infoserve (Private) Limited
Colombo Stoke Exchange [CSE] Today

PC House Acquires Infoserve (Private) Limited

The PC House PLC acquired a 90% Interest of Infoserve (Private) Limited at the Consideration of Rs. 45 Million.
The PC House is a Leading ICT Company which Providing Hardware and Software Solutions to Private and Public Sectors.

RPC Management Service PLC acquire 28,200 Shares of Maskeliya Plantations PLC
Colombo Stoke Exchange [CSE] Today

RPC Management Service PLC acquire 28,200 Shares of Maskeliya Plantations PLC

21st September 2011, the Richard Pieris Group service announced to Colombo Stock Exchange, that the RPC Management Service (Private) Ltd Purchases 28,200 Ordinary Voting Shares of Maskeliya Plantations PLC at the consideration of Rs. 727,176.00.

Eastern Merchants PLC Acquires 50.3% of Asian Woodware Company (Pvt) Ltd.
Colombo Stoke Exchange [CSE] Today

Eastern Merchants PLC Acquires 50.3% of Asian Woodware Company (Pvt) Ltd.

21st September 2011. The Eastern Merchants PLC announced to Colombo Stock Exchange the company has acquires 50.30% of Asian Woodware Company (Pvt) Ltd. this is controlling interest of the Asian Woodware Company (Pvt) Ltd.

Srilanka Insurance Corporation Acquire 16.29% of Tess Agro PLC
Colombo Stoke Exchange [CSE] Today

Srilanka Insurance Corporation Acquire 16.29% of Tess Agro PLC

the Srilanka Insurance Corporation announced to CSE, the company has acquired 29,339,300 Ordinary Shares of Tess Agro PLC.

DPL Plantation Acquire 33.33% of Hayleys Plantations Service (Pvt) Ltd
Colombo Stoke Exchange [CSE] Today

DPL Plantation Acquire 33.33% of Hayleys Plantations Service (Pvt) Ltd

8th September 2011, the Hayleys and DPL announced to Colombo Stock Exchange that the DPL Plantation Acquire 33.33% of Hayleys Plantations Service (Pvt) Ltd on 1st September 2011.

East West Properties PLC acquires 51% of Peoples Media network (Pvt) Ltd
Colombo Stoke Exchange [CSE] Today

East West Properties PLC acquires 51% of Peoples Media network (Pvt) Ltd

The East West Properties PLC acquire 51% stake (4,930,709 Ordinary Shares) of Peoples Media network (Pvt) Ltd for a consideration of Rs. 49,307,090.00

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