Dr. Senthilverl becomes second largest shareholder of Amana Bank

Monday, 10 January 2022 00:22 - - {{hitsCtrl.values.hits}}

Buys 10% stake for Rs. 672 m from foreign investor

High net worth individual investor Dr. T. Senthilverl on Friday became the second largest shareholder of Amana Bank.

The move follows him buying 176.8 million shares at Rs. 3.80 each in a deal worth Rs. 672 million.

With the latest acquisition Dr. Senthilverl holds 10% stake. Previously he held 92.2 million shares bringing the total to 269.1 million.

The seller was foreign individual investor Hossain Ahmed Ismail who as at September 2021 held 9.99% stake.

The largest shareholder of Amana Bank is IB Growth Fund (Labuan) LLP.

Amana Bank on Friday closed at Rs. 4.30, up by 2.4% from the previous day.

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.