Bank of Ceylon’s 30 mn debenture issue opens
The Bank of Ceylon Rupee Debenture Issue will
open today. This would be the fourth and largest issue in the
financial market, for a bank. The issue is for 30 million debentures
of Rs 100 each, amounting to Rs 3 billion with an option to issue
further 30 million debentures to raise up to Rs. 6 billion in the
event of an over subscription.
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First ever GI Pipe plant by LANWA in Athurugiriya
The Ceylon Steel Corporation Ltd (CSCL) will set
up the country’s first ever steel village in Athurugiriya in the
near future creating a number of employment and entrepreneurial
opportunities for the people in the country, the company’s Business
Development Manager Sanath Niroshan told Daily News Business .
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SLT group 9 months operating profits up by 16% to Rs. 5 bn
Sri Lanka Telecom (SLT), released its financial
results for the first nine months of 2012, recording Rs. 5.01
billion Group Operating Profit, a growth of 16% Year on Year (YoY).
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