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Tag: sri lanka news papers online

  • Hayleys PLC debentures Allotments

    Hayleys PLC announces to Colombo Stock Exchange that the Board of Directors of Hayleys PLC has decided to allot the subject Debentures on the following basis in respect of all valid applications: Number of Debentures Applied Basis of Allotment Type A Applications up to and including 2,000,000 Debentures (i.e. up to and including LKR 200,000,000/-)…

  • Renuka Agri Foods PLC Invest Rs. 609 Million on Renuka Organics (Pvt) Ltd

    Renuka Agri Foods PLC  inform to Colombo Stock Exchange that the company has invested in 4,350,000 Ordinary Shares of its fully owned Subsidiary Renuka Organics (Pvt) Ltd of No. 69, Sri Jinaratana Road, Colombo 2, at Rs 140/= per share to a value of Rs 609,000,000/= on 27th February 2015. Renuka Organics (Pvt) Ltd is…

  • DFCC Vardhana Bank PLC Dividend Announcement

    DFCC Vardhana Bank PLC announce their Dividend on 2nd March 2015 at Colombo Stock Exchange with below statement, This is to inform you that the Board of Directors of DFCC Vardhana Bank PLC (the Bank) decided, at the Board meeting held on 27th February 2015, to propose a first and final dividend of Rs 0.90…

  • Hayleys PLC issue of 20,000,000 senior, unsecured, listed, redeemable, rated debentures of LKR 100/. Each

    Hayleys PLC announced to Colombo Stock Exchange about their 20,000,000 senior, unsecured, listed, redeemable, rated debentures of LKR 1000/- Each details of payments received by way of Bank Guarantees, RTGS transfers, Bank Drafts and Cheques relating to the above prior to the rejection of applications:   TYPE A Payments made by Bank Drafts and Cheques…

  • Browns Investments PLC Acquired fully (95%) of FLC Joint Venture Company (Pvt) Ltd

    Browns Investments PLC announced to Colombo Stock Exchange that that Browns Investments PLC has acquired 50,000,000 shares of F L C Joint Venture Company (Pvt) Ltd, which is 50% of the stated capital of the Company, from Perpetual Holdings Limited on 03rd March 2015 for a consideration of a sum of Rs. 651,200,000/-. FLC Joint…

  • Hemas Going for Right Issues of 57,254,513 ordinary shares (1:9)

    Hemas Holding PLC announced to the Colombo Stock Exchange that the company is proposed to issue of 57,254,513 ordinary shares by way of a 1 for 9 rights Issue. The statement stated “We wish to inform you that the Board of HHL has received a written statement from the major shareholders of HHL namely Messrs.…

  • John Keells Holdings PLC Terminates Fitch Ratings for John Keells Holdings

    John Keells Holdings PLC stated to the Colombo Stock Exchange that the Company has informed Fitch Ratings Lanka Limited (“Fitch”) that it wishes to terminate its Mandate with effect from 27 March 2015. The Company believes that a local rating is not warranted at this juncture of time considering the Company’s current debt funding sources…

  • First Capital Treasuries Limited Debenture Issue – Listed Today

    Colombo Stock Exchange (CSE) announces that they were listed the First Capital Treasuries Limited Debenture Issue from today 3rd march 2015. The debentures are Five Year Fixed Rate Debentures (9.50%) payable annually.

  • Bieco Link Carbons [Pvt) Ltd Becomes Adam Carbons (Pvt] Ltd

    PCH Holding announce to CSE that the Bieco Link Carbons [Pvt) Ltd a fully owned subsidiary of PCH Holdings PLC is renamed and branded as “Adam Carbons (Pvt] Ltd” with effect from 18th February 2015. Adam Carbons (Pvt) Ltd is a world-class manufacturer of granular and powdered activated carbon since 1989 and the only coconut…

  • USD 5 billion from IMF to pay off Chinese loans

    The Sri Lankan government will approach global lenders including the World Hank and the International Monetary Fund (IMF) to borrow from them to the tune of US $ five billion to restructure expensive loans, obtained from China, by the previous regime for infrastructure development projects in the country. According to Reuters, the Central Bank Governor…