Tag: IPO
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Vallibel one Acquired Lewis Brown& Company Limited
16th June 2011, the Royal Ceramics lanka PLC acquires Lewis Brown & Company Limited at the Consideration of Rs.589 Million. The Rs.500 Million Paid at the execution of the agreement and the balance 89 Million will be paid on 22nd June 2011. The Royal Ceramics lanka PLC holdings 51% shares of Lewis Brown& Company Limited…
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Vallibel One IPO
Vallibel one Limited issued 21,311,870 Ordinary voting shares as Initial Public Offerings at the price of Rs.25 each. Amount to be rise No of shares Value of share Total 21,311,870 LKR 25.00 LKR 532,796,750.00 Objective of IPO The prime Objective of this share issue is to Construct a 300+ Roomed Five Star hotel in Negombo.…
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Softlogic Oversubscribe by 4.20 times
Today 14th June 2011, the PW Corporate Secretarial (Pvt) Ltd announced the Softlogic IPO Oversubscribed by 4.20 times. Basis of Payments No of Shares Total Value Bank Guarantees 441,152,000 12,793,408,000.00 Bank Draft and Cheques 142,567,800 4,134,466,200.00 Total No of share Applied 583,719,800 16,927,874,200.00 No of shares Issued 139,000,000 4,031,000,000.00 No of times Oversubscribed 4.1994 4.1994…
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Softlogic Holdings Limited IPO Oversubscribed
9th June 2011 the Colombo Stock Exchange announces the Softlogic Holdings Limited IPO is oversubscribed in the day of Opening. Softlogic Holdings Limited Prospectus: http://www.cse.lk/270808/pdf/1_6_2011_soft_pro.pdf Softlogic Holdings Limited Articles of Association: http://www.cse.lk/270808/pdf/1_6_2011_soft_art.pdf Source: http://www.cse.lk/cmt/upload_cse_announcements/8161307591024_.pdf
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Expolanka Holdings Limited Listing CSE from 13th June 2011
8th June 2011, the Colombo Stock Exchange announced the Expolanka Holdings Limited will list in Colombo Stock Exchange Main Board. The Company will be classified under The Diversified Holdings Sector. Type of Shares: Ordinary Voting Shares Security Code: EXPO.N.0000 Total No of shares: 1,954,915,000 List on CSE: 13th June 2011
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Vallibel One Limited Offer for Subscription
Today 3rd June 2011, the Colombo Stock Exchange has approved in principle application for 21,311,870 Ordinary Voting shares at Diri Savi Board at the Price of Rs.25.00 The Vallibel one is offer for subscription of Rs.532, 796,750.00. the Vallibel one will be open for subscription at 21st June 2011. The Manger of Offer Acuity Partners…
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Browns Investment Limited Offer for Subscription
1st June 2011, the Browns Investment Limited in principle application has been approving by the CSE. The Browns Investment Limited looking forward to listing its 50 Million Ordinary Voting shares at Diri Savi Board at the Price of Rs.5.00 each( offer for subscription is Rs.250 Million). The Subscription will be opening on 23rd June 2011.…