يحاول ذهب - حر
Ceylon Land & Equity to raise Rs. 4.3 b via 2-for-1 Rights
February 03, 2026
|Daily FT
CEYLON Land & Equity PLC will issue 614,156,734 new ordinary voting shares at a price of Rs. 7 per share through a Rights Issue, subject to shareholder approval.
-
The decision was taken by the Board of Directors at a meeting held on 31 January. The Rights Issue will be carried out on the basis of two new ordinary voting shares for every one existing ordinary voting share held.
Based on the issue price, the company is expected to raise approximately Rs.4.3 billion through the transaction.
The Board has stated that, in its opinion, the consideration for which the shares are proposed to be issued is fair and reasonable to the company and its existing shareholders.
Proceeds from the Rights Issue will be used to settle short-term bank loans, repay short-term inter-company borrowings, and fund investments in property development and portfolio management.
هذه القصة من طبعة February 03, 2026 من Daily FT.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Daily FT
Daily FT
T20 World Cup ticket sales counter at CCC grounds
THE ticket counter at the Sri Lanka Cricket (SLC) headquarters will be relocated to the CCC
1 min
February 05, 2026
Daily FT
First official T-shirt launched for 96th Battle of the Maroons Legend's Enclosure
THE ticket and T-shirt launch of the 96th Battle of the Maroons - Legend's Enclosure was held on 17 January at the 80 Club of Colombo.
1 min
February 05, 2026
Daily FT
Browns Hotels and Resorts brings century of tea heritage to life at Newburgh Ella
Located near the Nine Arch Bridge and Pekoe Trail, Newburgh Ella features 41 thoughtfully designed rooms, categorised as Silver, Gold, and Bronze inspired by the hierarchy of tea tips
2 mins
February 05, 2026
Daily FT
EU-India FTA and implications for Sri Lanka
AFTER nearly two decades of painstaking negotiations, India and the European Union (EU) successfully concluded negotiations on a landmark Free Trade Agreement (FTA) last month.
3 mins
February 05, 2026
Daily FT
Solutions Ground, PR Wire launch country's first sustainability-led CSR outsourcing model
IN a pioneering move for Sri Lanka's corporate sector, Solutions Ground Ltd., and PR Wire Ltd., have launched the country's first structured Corporate Social Responsibility (CSR) and sustainability outsourcing collaboration.
2 mins
February 05, 2026
Daily FT
People’s Bank celebrates 78th Independence by offering gifts to newborns
PEOPLE'S Bank celebrated Sri Lanka’s 78th National Independence Day with a modest ceremony held at its ‘People’s Tower” Head Office, Colombo 02, under the patronage of its Chairman Prof.
1 min
February 05, 2026
Daily FT
Record-breaking India race into U-19 World Cup final
INDIA will play England in the final of the Under-19 World Cup after a record-breaking run-chase against Afghanistan in Harare.
1 min
February 05, 2026
Daily FT
Exclusive Port City Colombo Investor Forum highlights Sri Lanka's transformation
SRI Lanka presented a clear message of confidence, reform, and long-term opportunity at the exclusive Port City Colombo Investor Forum held on 27 January at the Shangri-La Hotel, Singapore.
3 mins
February 05, 2026
Daily FT
Air Force take clear lead in Plate segment
AIR Force Sports Club have taken a commanding grip on the Plate segment of the Inter-Club Rugby League Plate Segment after a thumping half-century-plus victory over Navy SC last weekend, a result that firmly underlined their credentials as clear favourites for Plate honours.
1 mins
February 05, 2026
Daily FT
CFA Society Sri Lanka hosts program on credit research fundamentals
CFA Society Sri Lanka announced that it will conduct a half-day learning program on “Understanding the Fundamentals of Credit Research”, in collaboration with Acuity Analytics, on Monday, 16 February 2026, from 8:30 a.m. to 12:30 p.m. at the Courtyard by Marriott, Colombo City Centre.
1 min
February 05, 2026
Listen
Translate
Change font size
