Muliti Finance Limited Private Placement (Debt Conversion) Amendment

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Multi Finance Limited
Multi Finance Limited1

11th July 2011, the Muliti Finance Limited announced to Colombo Stock Exchange that the Private Placement (Debt Conversion) amended by the Board of Director of the Muliti Finance Limited.

The Private placement was earlier at the price of Rs.30, by the Amendment the price has been increase as Rs.35.00 each.

Description Earlier announcement Amended Announcement
Loan Amount to be converted: Rs.185, 000,000.00 Rs.156, 999,990.00
Conversion price: Rs.30.00 Rs.35.00
No of New shares issued 6,166,667 4,485,714
No of the Party:

Entrusted Limited

Current Stated Capital: Rs.185,990,196.00 Rs.189,990,196.000

 Source: http://www.cse.lk/cmt/upload_cse_announcements/3661310357187_.pdf

http://synergyy.com/2011/06/28/multi-finance-limited-private-placement-debt-conversion/


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