Tag: Acquisition in CSE
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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.
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Colombo Fort Hotels Limited purchase 30.56% of Voting Rights of Sigiriya Village Hotel PLC
The Sigiriya Village Hotel PLC made an announcement to Colombo Stock Exchange that the Colombo Fort Hotels Limited has purchased 2,750,000 Ordinary Voting Share of Sigiriya Village Hotels PLC at a Price of Rs.67.00 Each.
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Kotagala Plantation Invested USD 70 Million in Rubber in Cambodia
The Kotagala Plantation PLC have invested in Cambodia, the Investments are along with the Business Diversification of Rubber.
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Lankem Ceylon PLC acquire Galle Fort Hotel (Private) Limited
22nd November 2011, the Lankem Ceylon PLC announced to Colombo Stock Exchange that the Companies Direct Subsidiary Colombo Fort Hotels Limited has Acquire 100% of issued Capital of Galle Fort Hotel (Private) Limited at the total Consideration of Rs.772,170,000.00
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E.B.Creasy & Co PLC acquire Galle Fort Hotel (Private) Limited
22nd November 2011, the E.B.Creasy & Co PLC announced to Colombo Stock Exchange that the Companies Indirect Subsidiary Colombo Fort Hotels Limited has Acquire 100% of issued Capital of Galle Fort Hotel (Private) Limited
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Ceylon Leather Product PLC acquires Palla and Company (private) Limited
18th November 2011, the Ceylon Leather Product PLC announced to Colombo Stock Exchange, that the company has made finalized agreement to acquire 60% of the Stated capital of Palla and Company (private) Limited at a Consideration of Rs. 120,926,571.00
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CIC Holdings Acquire Ceylinco Pharmaceuticals Limited
3rd November 2011, the CIC Holdings PLC announced to Colombo Stock Exchange that the company has Acquire 900,000 Shares at the total Consideration of Rs.7.65 Million.
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Shorecap II Invested in The Finance & Guarantee Company
28th October 2011, the Union Bank PLC announced to Colombo Stock Exchange that, the Union Bank Invested Rs.600 Million to Acquire 81.27% of the The Finance & Guarantee Company.
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Navara Capital Pvt Ltd Acquire 68% of MBSL Saving Bank Limited
The Merchant Bank of Srilanka PLC announced to Colombo Stock Exchange that the Company’s Board of Directors has accepted an offer made by a consortium of Investors led by Navara Capital Pvt Ltd to Purchases 68% of MBSL Saving Bank Limited.
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Navara Capital (Private) Limited Acquires Infrastructure developers PLC
the Navara Capital (Private) Limited has brought 4,653,200 Ordinary Voting share at the price of Rs.27.50 each, Which is amounted to 95.79% of the Ordinary Voting shares in Issue