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JKH to raise Rs. 6.4 b through Rights Issue, Private Placement

by Ravi Ladduwahetty

Sri Lanka's premier diversified blue chip corporate leader John Keells Holdings Ltd will raise Rs. 6.4 billion through a Rights Issue and a Private Placement which will set off the loans and other funding which went into the purchase of the 60.5 equity stake of Asian Hotels for Rs. 4.1 billion last Friday.
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