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Lanka Securities Morning Note 15 July 2015

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Lanka Securities Morning Note 15 July 2015 Empty Lanka Securities Morning Note 15 July 2015

Post  Melissa Pereira Thu Jul 16, 2015 10:01 am

Vidullanka – Issue of shares by way of capitalization of reserves:
No. of shares to be issued – 238,634,597
Proportion in which the shares to be issued – 01 share for every 02 existing shares held Consideration for which the share are to be issued – LKR 1.00
Specific reserves to be capitalized – Retained earnings
(Refer attachment for more details)
Commercial Leasing & Finance – Debenture Issue 2015:
Company has received applications over 50mn debentures for the above debenture
issue and accordingly issue has been oversubscribed. Therefore, issue closed on 14th July 2015 as per the prospectus.

Siyapatha Finance - Rating Review:
Please refer attachment for details

Please refer the link for more details- http://www.lsl.lk/pdf/research/morningnotes.pdf

Melissa Pereira

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