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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
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» Should I Stick Around, or Should I Follow Others' Lead?
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    Bank of Ceylon divests stake in Janashakthi Insurance

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    TraderCSE


    Posts : 17
    Join date : 2015-09-16

    Bank of Ceylon divests stake in Janashakthi Insurance Empty Bank of Ceylon divests stake in Janashakthi Insurance

    Post by TraderCSE Tue Jan 30, 2018 3:58 pm

    Bank of Ceylon divests stake in Janashakthi Insurance

    Bank of Ceylon sold its share ownership in Janashakthi Insurance PLC today (30 January).

    Bank of Ceylon (Bank of Ceylon - No 2 A/C) sold 10,594,286 of its shares in Janashakthi at Rs. 20.00 each. This is 1.9 per cent of its stake in Janashakthi Insurance PLC.

    The significant feature in this transaction is it not being traded as a Crossing but as a normal market transaction. Hence, the Janaskathi share value rose by Rs. 3.00 each today, which is a growth of 17 percent over the earlier day.

    http://bizenglish.adaderana.lk/bank-of-ceylon-divests-stake-in-janashakthi-insurance/

      Current date/time is Fri Nov 08, 2024 6:28 pm