Lanka Ventures PLC joint ventures with LTL Holdings (Private) Limited LVL Energy Fund (Private) Limited (LEF) (Fully own subsidiary of Lanka Ventures PLC) enter into agreement with LTL Holdings (Private) Limited (LTL) on 28th March 2011 to setup a 10 MW wind power generation project in Kalpitiya Peninsula. The LVL Energy Fund (Private) Limited (LEF)…

Liquidation of Watawala Agro Ltd (A Subsidiary of Watawala Plantations PLC) Watawala Agro Ltd windup the according to the special resolution passed by shareholders of Watawala Agro Ltd on 28th March 2011. Mr.Waduge Nalith Suranjaya Fernando and Ms.Samanthi Haddegoda were appointed as liquidators of the company. Source: http://www.cse.lk/cmt/upload_cse_announcements/8711301378718_.pdf

C T Holdings PLC Rights issue March 29, 2011, C T Holdings PLC announced to Colombo Stock Exchange further information about the Rights issue, Date of Initial Announcement: 3rd March 2011 Proportion: 1 new share for every 55 shares held Issue Price: Rs.210.00 Number of Shares to be issued: 3,097,253 Ordinary shares EGM/ Provisional Allotment:…

Ceylinco Insurance PLC announced First and Final Dividend Ceylinco Insurance PLC announced to Colombo stock Exchange; Rs.5.50 First and Final Dividend per share. The Dividend needs the shareholder approvals from the Annual General Meeting on 4th May 2011. The Ex- Dividend date will be 5th May 2011 and they payment will made on 13th May…

Distilleries Company of Srilanka PLC make Mandatory offer to remaining share of Pelwatte Sugar Industry PLC Today March 25, 2011; the Distilleries Company of Srilanka PLC Make a Mandatory offer buy to remaining share of Pelwatte Sugar Industry PLC. Yesterday March 24, 2011 the Melstacorp (Private) Limited (100% Subsidiary of Distilleries Company of Srilanka PLC.)…

Sampath Bank Scrip Dividend Amendment Today March 25, 2011. The Sampath Bank PLC announced the amendment of the Scrip Dividends. The Sampath Bank PLC earlier announced to Colombo Stock Exchange that the Scrip Dividend will be a proportion of 1 share for 50.5 shares; today the company has change the proportion as 1 share for…

National Development banks PLC Announced Final Dividend for FY 2010 NDB PLC Announce to Colombo Stock Exchange, the NDB Board of Directors has resolved to pay Dividend of Rs.4.50 per share for the financial year end of 2010. The Dividend proposals need to be approved by the Shareholders at the Annual general Meeting on 30th…

National Development banks PLC proceed to Private Placement NDB PLC Announce to Colombo Stock Exchange, which the NDB Board of Directors has resolved to proceed with a Private Placement of Rated Subordinated Unlisted Unsecured Redeemable Debentures of the Value of RS.1, 000.00 each aggregating Rs. 1 Billion (1,000,000,000) An Applications seeking approval for the placement…

Distilleries Company of Sri Lanka PLC acquires Pelwatte Sugar Industries Limited. The Distilleries Company of Sri Lanka PLC announced to Colombo Stock Exchange, The Melstacorp (Private) Limited (Subsidiary of DCSL) has purchase 47% of Pelwatte Sugar Industries Limited at the Consideration of Rs.879.065 Million.( 31.996 Million shares at the Price of Rs.27.50) Source: http://www.cse.lk/cmt/upload_cse_announcements/3221300954021_.pdf

Ceylon Leather Products PLC First Interim Dividend Today March 24, 2011. The Ceylon Leather Products PLC announced the first Interim dividend of Rs.1.00 per share for the financial year of 2010/2011. The ex dividend date will be 4th April 2011 and the Dividend Payment will be made on 12th April 2011. Source: http://www.cse.lk/companiesprofile/announcments.htm?id=35&symbol=CLPL.N0000