LKCSE Colombo Stock Exchange Close
  • Current Exchange
    Colombo Stock Exchange LKCSE

Market time

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
17 October, 2012 07:33 AM Source:

Sri Lanka’s Colonial Motors is planning to raise Rs. 197.6 million via a Rights Issue, to set up a modern workshop and infuse working capital for the firm.

In a stock market disclosure, the company says, it will issue 1.52 million ( 1,520,719) ordinary shares at a price of Rs. 130, each.

Colonial Motors is planning to offer, one ordinary share for every six held by the shareholders.

The firm, which is the authorized distributor for “Mazda” vehicles in Sri Lanka and Maldives, will infuse Rs. 135 million to set up the proposed modern workshop. More...

Read Original Article

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login

Stocks in Focus

Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
Many more

Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2014


Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?