Category: Colombo Stoke Exchange [CSE] Today
Touchwood Investments PLC Capitalization of Reserves calls
The Touchwood Investments PLC announced to Colombo Stock Exchange that the Board of Directors has passed the resolution of capitalization of reserves as follows.
Maskeliya Plantations Right Issues
The Maskeliya Plantation announces right issues as the proportion of one new shares for every one share held at a price of Rs. 12.00. The company offered 26,976,745 shares as right issues.
People’s Leasing Company PLC rename as People’s Leasing & Finance PLC
The People’s Leasing Company PLC announced to Colombo stock Exchange, that the company have renamed as People’s Leasing & Finance PLC.
Ceylinco Investment Corporation Ltd Divest by Nation Lanka Finance PLC
The continuous loss making entity of Ceylinco Investment Corporation Ltd has been divested by its parent company of Nation Lanka Finance PLC. The company has been sold to Moughul Fund (Pvt) Ltd at a Consideration of Rs. 1 per Share (total of 600,000 shares).
Renuka Agri food PLC Invest Rs. 250 Million in Richlife Dairies Ltd
The Renuka Agri Food PLC invests Rs. 250 Million on Richlife Dairies Ltd by the way of cumulative convertible and redeemable debentures on 28th September 2012.
Panasian Power Acquire Padiyapelella Hydropower Limited
The Panasian power PLC a leading hydropower energy producers in srilanka announced that the company have obtain the shareholders approvals to acquires 90% stake of Padiyapelella Hydropower Limited.
Laugfs Holdings Limited Purchase Controlling power Softlogic Credit Limited
The Board of Directors of Softlogic Capital PLC announced to Colombo Stock Exchange, that the Company signed an agreement on Share Sales and Purchases with Laugfs Holdings Limited on 28th September 2012.
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LOLC Group Acquires Brown & Company PLC
The LOLC made an announcement to Colombo Stock Exchange that the company has acquired 50% of Diriya Investments (Pvt) Ltd for a Consideration of Rs. 1.32 Billion.
Property Development PLC acquire 10.63% Koladeniya Hydropower (Pvt) Ltd
The Koladeniya Hydropower (Pvt) Ltd issued 21,699,899 shares of Rs. 10 each to Property Development Plc against the credit available to Property Development Plc. The Koladeniya Hydropower (Pvt) Ltd has been commence their commercial operation and connected to Ceylon Electricity Board on 25th April 2012.