13th June 2011, the Malwatte Valley Plantations PLC announced to Colombo Stock Exchange as their Rights issue amended as follows,
No of shares to be issued
| Voting Shares: | 49,518,032 |
| Non Voting Shares: | 49,518,032 |
Proportion
| Voting share: | 2 Voting share and 2 Non Voting Shares for Every 10 voting shares Held. |
| Non Voting share: | 2 Voting share and 2 Non Voting Shares for Every 10 Non Voting shares Held. |
Considerations
| Voting share: | Rs.6.75 |
| Non Voting share: | Rs.5.50 |
Total Rights value
| Shares | no of shares | value of share | Total |
| Voting share | 49,518,032 | LKR 6.75 | LKR 334,246,716.00 |
| Non Voting share | 49,518,032 | LKR 5.50 | LKR 272,349,176.00 |
| Total | 99,036,064 | LKR 606,595,892.00 |
Source: http://www.cse.lk/cmt/upload_cse_announcements/4671307959352_.pdf
Pervious Rights: http://synergyy.com/2011/06/malwatte-valley-plantations-plc-rights-issue/
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