Essayer OR - Gratuit
Colombo Dockyard to raise Rs. 13 b via Rights Issue
Daily FT
|July 08, 2025
Proposed issue at Rs. 40 each per share is part of $ 53 m deal to bring in India's Mazagon to acquire controlling interest Post-announcement, DOCK share price dips by 14% to Rs. 80.90
-
COLOMBO Dockyard PLC (DOCK) yesterday announced a Rights Issue to raise Rs. 13 billion as part of the deal to bring in India's Mazagon as controlling shareholder.
The Rights Issue will be on the basis of nine new shares for every two held at Rs. 40 each. The move will see the issuance of 323,365,158 new shares, given the current stated capital being Rs. 714.395 million.
The decision was made by the DOCK Board of Directors at their meeting on 4 July.
Post-announcement yesterday, the DOCK share price declined by Rs. 13.20 or 14% to Rs. 80.90. Around 1.64 million DOCK shares changed hands via 1,230 trades for Rs. 134 million.
Cette histoire est tirée de l'édition July 08, 2025 de Daily FT.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Daily FT
Daily FT
Migrant remittances rise to $ 695.7 m in Sept.
SLBFE states it is $ 140.1 m YoY increase Notes $ 5.8 b total remittances during first nine months of 2025 Expects migrant remittances to surpass $ 7 b by end of 2025
1 min
October 15, 2025
Daily FT
LGC outage disrupts Govt. online services
ICTA, service providers doubling down to restore services Capacity, operational constraints will be released with ongoing phase of LGC expansion
1 min
October 15, 2025
Daily FT
Govt. allows rice imports amid local Keeri Samba shortage
THE Cabinet of Ministers on Monday approved a proposal to permit rice importers to bring in up to 520 metric tons of Ponni Samba rice per importer, without permits, to address the current shortage of Keeri Samba in the local market.
1 min
October 15, 2025
Daily FT
F1 going 'overboard' by showing girlfriends - Sainz
WILLIAMS' Carlos Sainz says Formula 1's TV coverage is going “overboard a little” by showing driver’s girlfriends while missing overtakes during races.
2 mins
October 15, 2025
Daily FT
Ants' march, promises, and one-year rule of AKD
ONE year on, the moral march of Anura Kumara Disanayake's Government echoes Jonathan Chait's warning: movements that mistake conviction for wisdom risk becoming moral parades rather than governing forces [1].
4 mins
October 15, 2025
Daily FT
Rs. 1.45 b project to upgrade Kolonnawa fuel filling facilities
CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday said the Cabinet has approved a proposal by the Power and Energy Minister to begin procurement for a Rs. 1.45 billion project to modernise fuel filling facilities at Zone 7
1 min
October 15, 2025
Daily FT
AIA celebrates Partnership Distribution excellence at Diamond Club 2025 in Japan
AIA Sri Lanka hosted the Partnership Distribution Diamond Club 2025 event in the city of Osaka, Japan, from 11 to 14 June 2025.
1 min
October 15, 2025
Daily FT
AMW appoints Jawahar Ganesh as new Group Managing Director
ASSOCIATED Motorways Ltd., a unit of Dubai-based Al-Futtaim Company, has announced the appointment of Jawahar Ganesh as its new Group Managing Director.
1 mins
October 15, 2025
Daily FT
Sri Lanka Surgeons Congress 2025: Triumph of surgical excellence and innovation
THE Sri Lanka College of Surgeons hosted the Sri Lanka Surgeons Congress 2025 (SLSC 2025) from 11 to 13 September at the Cinnamon Grand Colombo, drawing more than 400 distinguished surgeons, consultants, and medical professionals from across Sri Lanka and the region.
2 mins
October 15, 2025
Daily FT
Sri Lanka secure historic 12th position at BWF World Junior Mixed Team Badminton 2025
SRI Lanka secured the overall 12th position at the YONEX SUNRISE BWF World Junior Mixed Team Badminton Championship 2025 in Guwahati, India.
1 mins
October 15, 2025
Listen
Translate
Change font size