HNB Assurance PLC Announce Rights Issue 24th February 2011, the HNB Assurance PLC announced to Colombo Stock Exchange, that the Company has decided to issue Rights of 6,250,00 Ordinary Shares at the Price of Rs.62.50 each. The rights are issue at the proportion of 1 new share for 7 shares held. The Company further announced…

Agalawatte Plantations PLC Announced First and Final Dividend 4th March 2011, the Agalawatte Plantations PLC announced to Colombo Stock Exchange; the company has decided to pay First and Final Dividend of Rs.2.50 per share. This Dividend is for the financial Year of 2010. The Company further says that Dividend announcement needs to approve by Shareholders…

Seylan Bank PLC announced Voluntary Retirement Scheme About Seylan Bank PLC announced to CSE; that the company decided to offer the Voluntary Retirement Scheme for employees of all categories with view of reducing 250 Employees. The Seylan Bank PLC expected to spend Rs.700 Million on this purpose. The company further says Voluntary Retirement Scheme become…

New Price Band regulation at Colombo Stock Exchange The Colombo Stock Exchange announced following regulations regarding to the Price band, • The 10% price band on the subject public listed company will be valid to 10 Market days only; and • All the licenced stock brokers asked to away with the requirement of 50% upfront…

Nations Trust Bank PLC right to convert Warrants 2011 About 1st March 2011, the Nations Trust Bank PLC announced to the Colombo Stock Exchange; that the Company calls upon the Warrant Holders to convert their warrant to ordinary shares on or before 4.00Pm on 10th March 2011. The Conversion is exercise at the price of…

Mandatory offer by Aitken Spence Hotel PLC to buy remain shares of Browns Beach Hotel PLC February 28, 2011 the Aitken Spence Hotel PLC announced to Colombo Stock Exchange to buy other remaining shares of Browns Beach Hotel PLC. The company further says that Aitken Spence Hotel PLC acquired 33.2% [14,343,737] of the issued ordinary…

Seylan Bank PLC Right Issue About The Seylan Bank PLC announced to the Colombo Stock Exchange that the Board of Directors of the Seylan Bank PLC Decided to raise a total sum of Rs.4.691 Billion [Rs.4,691,533,285.00] by the way of rights. The rights 43,333,333 Ordinary voting shares to be issue in the ratio of 1…

25th February 2011, the Colombo Stock Exchange announced the Browns Beach Hotels PLC Rights are listed in CSE. The Browns Beach Hotels PLC issued 33,600,000 Ordinary shares as rights at the price of Rs.65.00 each. The rights were issue the proportion of 7 new Ordinary shares for every 2 shares held. Source: http://www.cse.lk/companiesprofile/announcments.htm?id=128&symbol=BBH.N0000

Regnis (Lanka) PLC announced Final Dividend for the year ended 2010. 28th February 2011, the Singer Industries (Ceylon) PLC announced their Final Dividend at Colombo Stock Exchange; for the financial year of 2010. The dividend of Rs.6.00 per share is for the financial year of 2010. The Company Further says the Ex dividend date will…

Singer Industries (Ceylon) PLC announced Final Dividend for the year ended 2010. 28th February 2011, the Singer Industries (Ceylon) PLC announced their Final Dividend at Colombo Stock Exchange; for the financial year of 2010. The dividend of Rs.2.00 per share is for the financial year of 2010. The Company Further says the Ex dividend date…