Haycarb PLC Announced interim Dividend 9th March 2011, the Haycarb PLC announced Colombo Stock Exchange; that the company has resolved to give interim Dividend of R.3.00 per share for the financial year of 2010/2011. The company further says the Ex-Dividend date will be 21st March 2011 and the Dividend will be paid on 29th March…

The Colombo fort land and building company PLC subdivided 5:1 The Colombo fort land and building company PLC announce to Colombo Stock exchange that the company board of Directors resolve to subdivide the company’s every 1 existing ordinary share into 5 ordinary shares. This will create increase in the number ordinary from 36 million to…

Seylan Development PLC Announce Rights Issue 1:1 09th March 2011, Seylan Development PLC announces to Colombo Stock Exchange that the Board of Directors resolved to issue rights of 73,982,430 Shares at that the Price of Rs.11.00. The company further announced the Rights Issued funds are utilizing to retire high cost of borrowings and increase working…

New World Securities (Pvt) Ltd – New Trading Member in CSE 09th March 2011, the Colombo Stock Exchange announces to Public that the New World Securities (Pvt) Ltd admitted as a trading member by CSE. The company obtained a license from SEC to carry on the business of stock broker. The New World Securities (Pvt)…

Lankem Developments PLC Rights Issue 15:1 Lankem Developments PLC announced Rights issues 103.5 Million Ordinary shares at the proposition of 15 new shares for every 1 share held. The rights issue at that price of Rs.25 each. A total right is almost worth of Rs.2, 587.5 Million. The objective of rights issue is the acquisition…

Lankem Developments PLC acquires Agarapatana Plantations Ltd. Today Lankem Developments PLC Announce to Colombo Stock Exchange that, the Board of Directors of Lankem Developments PLC resolves to acquire 61.88% equity stake of Agarapatana Plantations Ltd. The company has further says, the acquisition is based as follows, Seller No of APL Ordinary shares % Lankem Plantation…

Day of Red About Today Colombo Stock Exchange indicate in red, which most of the Companies shares prices are contribute as negative. Almost 153 contributors are contributing negatively and only 37 Contributors are Contribute positively. Cause of the negative influence of All share Price Index [API] and Milanka Price index [MPI] depreciate by 1.8% and…

Singer (Srilanka) PLC Subdivision 2:1 Today 7th March 2011, the Singer (Srilanka) PLC announced to Colombo Stock Exchange, that the Company has resolve to Increase the number of exiting ordinary share by Subdividing it as 2 new shares for every 1 share held. Therefore the Number of Singer (Srilanka) PLC shares will becomes 125,209,610 from…

Serendib Hotel PLC Right Issue 1:4 Serendib Hotel PLC announce to the Colombo Stock Exchange, that the Director of Serendib Hotel PLC have resolve to recommend to the shareholders of the company to Rights issues of its Ordinary Voting shares and Ordinary Non-Voting shares at the Proportion of 4:1 at the Price of Rs.24.50 per…

Serendib Hotel PLC Sub Division of 5:1 Serendib Hotel PLC announce to the Colombo Stock Exchange, that the Director of Serendib Hotel PLC have resolve to recommend to the shareholders of the company to subdivision of its Ordinary Voting shares and Ordinary Non-Voting shares at the Proportion of 5:1. Cause of the Sub Division the…