Tag: Sri Lanka Business News
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New Board of Directors for the Lanka Hospitals Corporation PLC
Lanka Hospitals Corporation PLC announces their new Directors appointed to the Board of The Lanka Hospitals Corporation PLC, effective from 3rd March 2015. Sarath Paranavitane as an Independent Non Executive Director and the Chairman of the Company Damien Fernando as an Independent Non Executive Director Dilani Lokuhetty as an Independent Non Executive Director Rohan L…
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Malaysia Keen on Bidding for Northern Highway of Sri Lanka on Build Operate & Transfer Basis
Dato’ Seri S. Samy Vellu who is the Senior-Ministerial ranked Malaysia’s Special Envoy of Infrastructure for India and South Asia attached to the Prime Minister’s Office have stated that Malaysia is willing to bidding for the Northern Highway on a Build Operate & Transfer (BOT) basis. We want to do a good job if we…
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Central Bank of Sri Lanka waiting for right time to rise up to US $1.5billion bond
Sri Lanka Central Bank Governor Arjuna Mahendran said to news that the Sri Lanka is waiting for the right time to launch a sovereign bond of up to US $1.5 billion, possibly with a longer tenure to roll over its debts in 2015. The island nation’s last sovereign bond of US $500 million was priced…
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Hayleys PLC debentures Allotments
Hayleys PLC announces to Colombo Stock Exchange that the Board of Directors of Hayleys PLC has decided to allot the subject Debentures on the following basis in respect of all valid applications: Number of Debentures Applied Basis of Allotment Type A Applications up to and including 2,000,000 Debentures (i.e. up to and including LKR 200,000,000/-)…
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St.Joseph’s College Vs St.Peter’s College Big match on 6th and 7th March 2015
the Most expected Joes – Pete Big Match season starts again on 6th and 7th March 2015 at P.Sara Statium. Here is your time to support your school and meet up your old school friends. Tickets are available from Rs. 300.00 to Rs. 1,200.00 Dr. R. Chanmugam Stand (A\C) Rs. 1200 M. Sathasivm Stand…
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Renuka Agri Foods PLC Invest Rs. 609 Million on Renuka Organics (Pvt) Ltd
Renuka Agri Foods PLC inform to Colombo Stock Exchange that the company has invested in 4,350,000 Ordinary Shares of its fully owned Subsidiary Renuka Organics (Pvt) Ltd of No. 69, Sri Jinaratana Road, Colombo 2, at Rs 140/= per share to a value of Rs 609,000,000/= on 27th February 2015. Renuka Organics (Pvt) Ltd is…
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DFCC Vardhana Bank PLC Dividend Announcement
DFCC Vardhana Bank PLC announce their Dividend on 2nd March 2015 at Colombo Stock Exchange with below statement, This is to inform you that the Board of Directors of DFCC Vardhana Bank PLC (the Bank) decided, at the Board meeting held on 27th February 2015, to propose a first and final dividend of Rs 0.90…
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Hayleys PLC issue of 20,000,000 senior, unsecured, listed, redeemable, rated debentures of LKR 100/. Each
Hayleys PLC announced to Colombo Stock Exchange about their 20,000,000 senior, unsecured, listed, redeemable, rated debentures of LKR 1000/- Each details of payments received by way of Bank Guarantees, RTGS transfers, Bank Drafts and Cheques relating to the above prior to the rejection of applications: TYPE A Payments made by Bank Drafts and Cheques…
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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 C Joint Venture Company (Pvt) Ltd, which is 50% of the stated capital of the Company, from Perpetual Holdings Limited on 03rd March 2015 for a consideration of a sum of Rs. 651,200,000/-. FLC Joint…