Seylan Bank puts off preference shares move

Sunday, 3 October 2010 23:40 - - {{hitsCtrl.values.hits}}

Seylan Bank Board has decided to withdraw the application for listing of preference shares through an introduction.

The original move was to list 3.39 million non-redeemable, non-cumulative, non-convertible and non-voting Preference Shares.

The Bank said the Board resolved to withdraw it pending further deliberation on this matter and pursuit of the most feasible option in relation to the said shares.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.