Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99

$74.99/År

Prøve GULL - Gratis

Independent adviser recommends rejection of Ambeon's mandatory offer for Myland Developments

Daily FT

October 27, 2025

HNB Investment Bank (HNBIB), acting as the independent adviser, has recommended that shareholders of Myland Developments PLC (MDL) not accept the mandatory offer made by Ambeon Capital PLC, citing that the offer price of Rs, 8.50 per share is below most of the company’ fair-value estimates.

HNBIB’s valuation placed MDL’ fair value above the offer price under several methodologies: the discounted cash flow (DCF) valuation yielded Rs. 9.57 per share; peer price-to-book value (P/BV) multiple suggested a higher value of Rs 12.74 per share, benchmarked against Prime Lands Residencies PLC; the volume-weighted average price (VWAP) of MDL shares over the past month was Rs. 18.86, more than double the offer price; and net asset value (NAV) per share stood at Rs. 3.97, implying the offer carried a 114% premium to book value but a discount to market a

Denne historien er fra October 27, 2025-utgaven av Daily FT.

Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.

Allerede abonnent? Logg på

FLERE HISTORIER FRA Daily FT

Vis alle

Daily FT

Foreign job departures down 5% 1H 2025

THE number of Sri Lankans leaving for overseas employment dropped by 5% in the first six months of 2025 to 143,037 workers, as improving economic conditions and rising domestic wages reduced outward labour migration, according to Central Bank of Sri Lanka (CBSL) data.

1 min

October 27, 2025

Daily FT

UK-based Capital Metals issues new shares as Lankan mineral sands project advances

UK-LISTED Capital Metals PLC recently issued 638,029 ordinary shares to its financial adviser Hannam & Partners as payment for commission and advisory services related to its operations, notably in Sri Lanka.

2 mins

October 27, 2025

Daily FT

Private sector propels tourism with first-ever destination drive

SRI Lanka's private sector has come forward to propel the country's first-ever and self-funded and curated destination marketing campaign to boost tourist arrivals amidst frustration over the delay in initiatives by State agencies.

3 mins

October 27, 2025

Daily FT

Sri Lanka finish fifth as New Zealand lose to England

SRI Lanka ensured they finished fifth in the final league standings of the ICC Women's Cricket World Cup when England beat New Zealand by eight wickets in their match played at Visakhapatnam yesterday.

1 mins

October 27, 2025

Daily FT

Lankan digital economy estimated at Rs. 1.3 t

SRI Lanka’s digital economy is estimated at Rs. 1,342 billion, accounting for 4.5% of GDP, according to the Institute of Policy Studies’ (IPS) Annual State of the Economy 2025 report.

4 mins

October 27, 2025

Daily FT

Kaya Daluwatte wins historic first medal for golf

Sri Lankan juniors so far won one Gold and four Bronze medals, look forward to adding few more during last four days of the games

4 mins

October 27, 2025

Daily FT