Lanka Securities Morning Note 05 June 215

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Lanka Securities Morning Note 05 June 215 Empty Lanka Securities Morning Note 05 June 215

Post  Melissa Pereira on Mon Jun 08, 2015 2:21 pm

Interim Financial Statements 31-03-2015 - Multi Finance (MFL), Singhe Hospitals
(SINH), Radiant Gems International (RGEM), Paragon Ceylon (PARA), Kalamazoo
Systems (KZOO) & C T Holdings (CTHR).

Citizen Development Business Finance – First & Final Dividend of LKR 3.50 per

XD – 02nd July 2015
Payment date – 10th July 2015

Orient Garments – Winding up court case (HC/CIVIL/09/2015/CO):
The above case came up for hearing on 04th June 2015 and was extended until 28th July 2015.

Ceylon and Foreign Trades – Revaluation of property:
Board of directors of the company has approved the revaluation of the investment
property, based on a valuation report dated 29th May 2015. Consequent to the said
revaluation the current effective capital value of the investment property increased to LKR 1.8bn which sum the board has adopted as the current market value of the
investment property in accordance with accounting standard (LKAS-40) and, arising
therefrom, the fair value gain on investment property of approx. LKR 714mn is recorded in the statement of comprehensive income for the year ended 31st March 2015.

Lankem Developments – Valuation on biological assets of Agarapatana
Plantations Limited:

Please refer link for details-

Melissa Pereira

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