Tag: Srilanka – News
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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…
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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…
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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…
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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…
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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.…
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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.
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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…
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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…
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Rs. 212 Million fine on power pirates last year
The Ceylon Electricity Board (CRB) collected Rs. 212 million as fines from power pirates during raids conducted last year, Power and Energy Minister Patali Champika Ranawaka said. The minister said 3,199 people were found guilty of power pirating CEB sources said some had altered electricity meters while Others had tapped power illegally. Minister Ranawaka said…