Category: Business News
-
AIA Insurance Lanka PLC Scrip Dividend – 1:40 Ordinary Shares
CSE announced that the 749,370 ordinary voting shares were listed with effect from 9th February 2015, pursuant to a Scrip Dividend in the proportion of 1:40 ordinary voting shares.
-
Textured Jersey Lanka PLC going to acquire Ocean India (Pvt) Ltd and Quenby Lanka Prints (Pvt) Ltd
The Board of Directors of Textured Jersey Lanka PLC (‘TJL’) has decided to initiate an independent valuation and due diligence study for the purpose of looking at the feasibility of acquiring controlling stakes in Ocean India (Pvt) Ltd (‘Ocean India’) and Quenby Lanka Prints (Pvt) Ltd (‘Quenby Lanka’). This is in pursuance of TJL’s on-going…
-
IFC Completes Subscription of Shares in Cargills Foods Company (Privates Limited. Subsidiary of Cargills (Ceylon) PLC
The following announcement is made in accordance with Section 8.1 of the Listing Rules of the Colombo Stock Exchange By Cargills (Ceylon) PLC on 13th February 2015. Further to the disclosure dated 25 August 2014, we wish to inform you that on 12 February 2015 International Finance Corporation (IFC) subscribed to an 8% stake in…
-
Dr. T. Senthilverl Left Vidullanka PLC
M&S Announces to CSE that Dr. T. Senthilverl has sold his 15.348% stake of Vidullanka PLC to Aberdeen Holdings (Pvt) Limited on 10th February 2015. This sale has done at 73,251,835 Ordinary Shares at a Price of Rs. 6.00.
-
ECL Soft (Pvt) Ltd Jointed with E-Channeling PLC
Further to the previous announcement made on the 22nd day of January 2015, with reference to the amalgamation of ECL Soft (Pvt) Ltd with E-Chanr elling PLC in accordance with sec. 242(1) of the Companies Act No. 07 of 2007, it is hereby announced that the gazette notification pertaining to the said amalgamation was published…
-
M.R Ramanan Acquire 10% of Millennium Housing Developers Plc
The Millennium Housing Developers Plc stated to Colombo Stock Exchange that M.R Ramanan Acquire 10% of Millennium Housing Developers Plc from the Nawaloka Construction Company PLC. The purchases process was done for 13,468,132 Shares at a price of Rs 6.70 per share.
-
Is 15% interest rate for Senior Citizens’ Deposit is active in Sri Lanka? ( Highest Interest Rate Earnings in Sri Lanka at the Moment)
There were many confusion over 15% interest for senior citizens’ deposits, where the Sri Lanka Banks’ Association (SLBA) stated that they are going to meet the Deputy Governor, Ananda Silva on Monday to get few clarification about this scheme. There are many Senior citizens are facing problem due to a less interest rate earning for…