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Thursday, 15 November 2012

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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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P A Lionel, Deputy General Manager International, Treasury and Investments of BOC and Dr. Gamini Wickramasinghe, Chairman Bank of Ceylon at the press conference on the BOC debenture issue. Picture by Sumanachandra Ariyawansa



 
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