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15 February, 2012 02:41 PM Source:
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Sri Lanka’s Hayleys – MGT Knitting Mills PLC is planning to raise Rs. 914 million via a rights issue to strengthen its balance sheet and to improve facilities in its factory.

Accordingly, the firm has decided to issue 101,562,212 million shares with two new ordinary shares for every one existing ordinary share held by its shareholders.

A share would be priced at Rs. 9 each. More...

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