East West Properties PLC Right Issue The east west Properties boards of Directors have resolved to issue Share as Right issue. The right of over 103 million issues [103,680,000] to existing share holders at a Price of Rs.10 each. The proportion will be on 3 new Ordinary Shares for every one existing share. It’s further…

Laugfs Gas LTD diversifies into Hydro Projects About Laugfs Gas Ltd announced in CSE, the Laugfs Gas Ltd Decided to invest Rs.500 Million in Mini Hydro power Projects. This Hydro Power projects will fully own subsidiary of Laugfs Gas Ltd. This Project will be carried out at Ranmudu Oya , in Imbulpe Pradeshlyasaba in Balangoda.…

Sierra Cables merge with Alucop Cables PLC Sierra cable PLC announced the completion of amalgamation with Alucop Cables PLC [Fully Own Subsidiary]. The company said the effective date of Amalgamation was December 2010. The Amalgamation will increase the confidence to the investors to feather invest on Sierra Cable PLC.

Panasian Power Limited (PAP) first day trading in Colombo Stoke Exchange (CSE) About Today 07.01.2011 Panasian power (PAP) came to Colombo Stokes Exchange (CSE) as initial day after the IPO. As per the Expectation from the CSE, I personally expect it will be close first day at least of Rs.4, but the happy news is…

Laugfs Gas Ltd Join ventured with Bharat Petroleum to innovate metal cutting gas in Srilanka. Introduction Laugfs Gas Ltd Informed that Join ventured with Bharat Petroleum Corporation Ltd [BPCL] of India on 4th January 2011 to introduce metal cutting gas in Srilanka. The Metal cutting gas will brand “Laugfs Bharat metal cutting gas” [LBMCG]. The…

Colombo Stoke Exchange [CSE] Implement Price band on PC House Voting shares (PCH.N.0000). As everyone expected the Price of PC House Voting share arise rapidly yesterday and Day before yesterday. Which was reaches the all the time highest of Rs 16.80 of PC House trading History. As everyone see there is enough possibility to happening…

Panasian Power Limited – Open for Trading on 7th January, 2011. Panasian Power Limited recently issued a 200 Million of Shares as Initial Public Offering at the Price of Rs 3. Last 16th December the Panasian Power Limited allocate the share allocations [http://synergyy.com/2010/12/panasian-power-limited-ipo-share-allotment/ ] Today January 2011, CSE announced the Panasian Power list on Main…

Is PC House is good to be Invest? The PC house PLC was a Bad Performer in Colombo Stoke Exchange in Previous Months; the Price of the share was reach Rs. 8.50 per share which issued at Rs.12 per Share [IPO]. The recent Performance of the PC house is pretty well according to the market…

Singer Finance (Lanka) Limited Share Allocations or Allotment. Today December 24, 2010.Singer Finance announced the share allotment for the Initial public offering [IPO] Basics of allotment of public Category of share allotments Applications up to and inclusive of 500 shares 100% of shares applied Applications over 500 shares but less than and inclusive of 5,000…

Revision of the Composition of the Milanka Price Index [MPI] for 1st half of 2011 Colombo Stoke Exchange [CSE] Milanka Price Index [MPI] Compositions form 3rd January 2011 to 30th June 2011 [1st half of 2011] Banks, Finance & Insurance • Commercial Bank of Ceylon PLC • DFCC Bank • Hatton National Bank PLC •…