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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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    PCHH to rebrand as Adam Capital Plc

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    PCHH to rebrand as Adam Capital Plc Empty PCHH to rebrand as Adam Capital Plc

    Post by First Guy Wed Mar 11, 2015 8:09 am

    Consequent to the takeover of PCH Holdings Plc by Adam Investments Plc, the new Board of Directors has resolved to change the name of the company from PCH Holdings Plc to Adam Capital Plc as the company is now a part of the ‘Adam Investment Group of Companies’.

    The Registrar of Companies, through a letter dated 25 February 2015 has accordingly granted approval for the name change of PCH Holdings Plc to Adam Capital Plc.,

    Furthermore, the Board of Directors resolved that it was necessary to provide for an increase in the Directorate of the company by amending the Articles of Association to have the maximum number of Directors increased from seven to ten. This will enable the company to have diversity on the Board by bringing in professionals with various skills.

    Accordingly, at an EGM scheduled for 31 March, the Directors are seeking the approval of shareholders to proceed with the name change to Adam Capital Plc and to amend the Articles of Association by increasing the number of Directors to 10.

    http://www.ft.lk/2015/03/11/pchh-to-rebrand-as-adam-capital-plc/

      Current date/time is Fri Nov 08, 2024 12:34 pm