Softlogic Holding PLC Declare Interim Dividend for 2011/2012
19th October the Softlogic Holding PLC announced the Interim Dividend of Rs. 0.13 per Share for the financial year of 2011/2012.
19th October the Softlogic Holding PLC announced the Interim Dividend of Rs. 0.13 per Share for the financial year of 2011/2012.
The Colombo Stock Exchange made an Announcement that the Softlogic Holdings PLC has been transferred to the Main Board of the CSE, from Diri Savi Board.
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.
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.
The Softlogic Finance PLC announced to Colombo Stock Exchange, the company going to issue Rights at the Price of Rs.50.00 each. Ever 5 Ordinary shares held will carries 2 ordinary shares rights.
Today 12th July 2011, the Softlogic Holdings Limited Board of Directors made announcement, that Softlogic Holdings acquire 73.53% of issued share capital of Asian Alliance Insurance PLC at the consideration of Rs.3, 308,929,920.00.
Today 7th July 2011, the Colombo Stock Exchange announced, the Softlogic Holdings Limited will be listed on Diri Savi Board on 12th July 2011.
The Softlogic Holdings Limited is classified under Diversified Holding Sector.
Types of Shares: Ordinary Voting Shares
Security Code: SHL.N.0000
Total No of shares listed: 779,000,000
Date of listing: 12th July 2011
24th June 2011, Softlogic Finance Plc announced to Colombo Stock Exchange, the Board of Directors of Softlogic Finance PLC resolve to issue new ordinary shares by the way of a Rights Issue.
Objective of Rights issue
• Expand the lending activities of the company
• Fulfill the capital adequacy requirement to business expansion
No of Shares to issue: 10,701,129 Ordinary Voting Shares
Proposition of Rights: 2 new shares of Every 5 shares Held
Rights Price: Rs.50.00 per share
Today 14th June 2011, the PW Corporate Secretarial (Pvt) Ltd announced the Softlogic IPO Oversubscribed by 4.20 times.
Basis of Payments No of Shares Total Value
Bank Guarantees 441,152,000 12,793,408,000.00
Bank Draft and Cheques 142,567,800 4,134,466,200.00
Total No of share Applied 583,719,800 16,927,874,200.00
No of shares Issued 139,000,000 4,031,000,000.00
No of times Oversubscribed 4.1994 4.1994
Source: http://www.cse.lk/cmt/upload_cse_announcements/6591308041808_.pdf
http://synergyy.com/2011/06/softlogic-holdings-limited-ipo-oversubscribed/
http://synergyy.com/2011/05/softlogic-holdings-limited-offer-for-subscription/
9th June 2011 the Colombo Stock Exchange announces the Softlogic Holdings Limited IPO is oversubscribed in the day of Opening.
Softlogic Holdings Limited Prospectus: http://www.cse.lk/270808/pdf/1_6_2011_soft_pro.pdf
Softlogic Holdings Limited Articles of Association: http://www.cse.lk/270808/pdf/1_6_2011_soft_art.pdf
Source: http://www.cse.lk/cmt/upload_cse_announcements/8161307591024_.pdf