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ACME Printing and Packaging announces Rs. 1.425bn rights issue
Daily Mirror - Sri Lanka
|September 19, 2025
ACME Printing and Packaging PLC has announced a significant rights issue to raise Rs. 1.425 billion to fund factory relocation, settle debts, and support a broader financial recovery plan.
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According to the announcement made in a filing to the Colombo Stock Exchange, the rights issue will offer 570,000,000 new ordinary shares to existing shareholders at a price of Rs. 2.50 per share. The issuance is structured on a basis of six new ordinary shares for every one existing ordinary share held.
This move comes as the company’s Board of Directors decided on September 17, 2025, to increase the number of shares to be issued and amend the objectives of the rights issue initially communicated on September 27,2024.
Dit verhaal komt uit de September 19, 2025-editie van Daily Mirror - Sri Lanka.
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