3rd November Colombo Stock Exchange announced it has approved in-Principle application for listing the ordinary voting share of Asia Asset Finance Limited.
The Asia Asset Finance Limited offer for subscribed 120 Million Shares with the Option being reserved with the Board to accept a further 50,160,129 Ordinary Voting shares at the Price of LKR.2.50 per Share.
Share Brake Down
No of Shares |
At Price |
Total |
|
Offer for Subscription | 120,000,000 | LKR 2.50 | LKR 300,000,000.00 |
Reserve | 50,160,129 | LKR 2.50 | LKR 125,400,322.50 |
Total IPO | LKR 425,400,322.50 |
Date of Opening of the Subscriptions: 28th November 2011
Co – Managers to the Offer
Asia Wealth Management Company (Pvt) Ltd.
PW Corporate Secretarial (Pvt) Ltd
Registrars to the Offer
PW Corporate Secretarial (Pvt) Ltd
The prospectus would be delivered to member Firm or Trading members would be 7th November 2011.
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