Tag Archives: Asian Alliance Insurance PLC

Price Band on 3rd October 2011
Colombo Stoke Exchange [CSE] Today

Price Band on 3rd October 2011

The Colombo Stock Exchange Impose the 10% Price Band on Singer Industries (Ceylon) PLC from 3rd October 2011 to 7th October 2011.

CSE – 10% Price Band
Colombo Stoke Exchange [CSE] Today

CSE – 10% Price Band

Today the Colombo Stock Exchange announced the Asian Alliance Insurance PLC and Ascot Holdings PLC are subject to Price band of 10% for 7 Days.

Richard Pieris Accept the Mandatory offer of Softlogic Capital Limited to buy remaining shares of Asian Alliance Insurance PLC
Colombo Stoke Exchange [CSE] Today

Richard Pieris Accept the Mandatory offer of Softlogic Capital Limited to buy remaining shares of Asian Alliance Insurance PLC

19th September 2011. The Richard Pieris and Company PLC and Richard Pieris Distributors Limited accepted the Mandatory offer made by Softlogic Capital Limited to Acquire the Ordinary Voting shares held by Richard Pieris and Company PLC and Richard Pieris Distributors in Asian Alliance Insurance PLC.

Softlogic Holdings Acquire Asian Alliance Insurance PLC
Colombo Stoke Exchange [CSE] Today

Softlogic Holdings Acquire Asian Alliance Insurance PLC

The Asian Alliance Insurance PLC and Softlogic Holdings Limited made an Announcement to Colombo Stock Exchange that the Softlogic Holdings Limited and Softlogic Capital Limited has Acquired 73.53% of the Asian Alliance Insurance PLC.

Softlogic Capital Limited made a Mandatory offer to Purchase all Remaining Issued Ordinary Shares of Asian Alliance Insurance PLC
Colombo Stoke Exchange [CSE] Today

Softlogic Capital Limited made a Mandatory offer to Purchase all Remaining Issued Ordinary Shares of Asian Alliance Insurance PLC

The Softlogic Capital Limited made a Mandatory offer to Purchase all Remaining Issued Ordinary Shares of Asian Alliance Insurance PLC at the Price of Rs.120.00 each.
The Softlogic Capital Limited acquires 19,125,000 (51%) of Ordinary Voting Shares of the Asian Alliance Insurance PLC at the Consideration of Rs. 120.00 per Share. Further the Softlogic Holdings Limited acquires the 8,449,416 Ordinary Shares of Asian Alliance Insurance PLC on 12th August 2011.