Mandatory offer on National Lanka Finance

Friday, 1 April 2011 01:20 - - {{hitsCtrl.values.hits}}

Subsequent to the allotment of 100.0mn shares (50.0% on post Rights Issue) of Nation Lanka Finance (CSF) at Rs.5.00 per share by way of a Private Placement on 11 March 2011, Investor Access Equities and parties acting in concert have announced a Mandatory Offer to the remaining shareholders of CSF.

The offer amounting to 99.9mn shares (or such lesser number dependent upon the number of shares allotted on the rights issue which is pending – 50.0% of CSF) is at Rs.5.00 per share.

The parties acting concert with Investor Access Equities are Nawaloka Construction Ltd and J. Rudra.

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.