Lanka Securities Morning Note 25 August 2015

Melissa Pereira Wed Aug 26, 2015 9:54 am

Today:
Resus Energy - Re-purchase of shares – Opening date of the offer
Vallibel Power Erathna - XD date (LKR 0.50 per share)
Kelani Tyres - Dividend payment date (LKR 1.50 per share)
Lanka Tiles - Dividend payment date (LKR 4.00 per share)
Carson Cumberbatch - Dividend payment date (LKR 2.00 per share)

Corporate Announcements
Elpitiya Plantations – First & Final Dividend of LKR 0.75 per share:
XD – 25th Sep 2015
Payment date – 05th Oct 2015

The Autodrome - First & Final Dividend of LKR 0.75 per share:
XD – 28th Sep 2015
Payment date – 30th Sep 2015

Eastern Merchants – Final Dividend of LKR 0.06 per share:
XD – 28th Sep 2015
Payment date – 06th Oct 2015

Taprobane Holdings – CHC Investments acquired 30.99% stake:
CHC Investments (Pvt) Ltd purchased 310,828,346 voting ordinary shares of Taprobane Holdings (30.99% of the issued shares) at a price of LKR 5.50 on 24th August from Mr.I.C. Nanayakkara (approx. 225.9mn shares) and Mr.P.S.W.Rupasinghe (approx. 84.9mn shares)
Please refer the link for more details- http://www.lsl.lk/pdf/research/morningnotes.pdf