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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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» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
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» Bitcoin and Cryptocurrency
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» CSD.N0000 (Seylan Developments PLC)
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» PLC.N0000 (People's Leasing and Finance PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
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» NTB.N0000 (Nations Trust Bank PLC)
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» Going South
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Singer (Sri Lanka) PLC, has offered to sell its controlling interest EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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nihal123
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    Singer (Sri Lanka) PLC, has offered to sell its controlling interest

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    • Post n°1

    Singer (Sri Lanka) PLC, has offered to sell its controlling interest Empty Singer (Sri Lanka) PLC, has offered to sell its controlling interest

    Post by Backstage Thu May 07, 2015 11:16 pm



    Following a review of the management structure of the overall operations of Singer Asia Limited, Singer (Sri Lanka) BV which is the parent company of Regnis (Lanka) PLC, Singer Industries (Ceylon) PLC and Singer (Sri Lanka) PLC, has offered to sell its controlling interest in Regnis (Lanka) PLC and Singer Industries (Ceylon) PLC to Singer (Sri Lanka) PLC.

    The present shareholding of Singer (Sri Lanka) BV is as follows:

    Regnis (Lanka) PLC – 6,568,461 shares which is 58.29 per cent

    Singer Industries (Ceylon) PLC – 3,213,600 shares which is 83.55 per cent

    The purchase would result in Singer (Sri Lanka) PLC being the holding company of both Regnis (Lanka) PLC and Singer Industries (Ceylon) PLC.

    The Board has recommended the management of Singer (Sri Lanka) PLC to evaluate and advise the Board on this proposal.
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    • Post n°2

    Singer (Sri Lanka) PLC, has offered to sell its controlling interest Empty Re: Singer (Sri Lanka) PLC, has offered to sell its controlling interest

    Post by nihal123 Fri May 08, 2015 6:59 am

    Thanks Back
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    malanp
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    Singer (Sri Lanka) PLC, has offered to sell its controlling interest Empty Re: Singer (Sri Lanka) PLC, has offered to sell its controlling interest

    Post by malanp Fri May 08, 2015 7:51 am

    it is not Singer Sri Lanka PLC(SINS), it is Singer Sri Lanka BV, the ultimate parent company of all singer companies..

    It is an internal transfer, the ownership of Regnis goes to SINS from Singer SriLanka BV..
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    • Post n°4

    Singer (Sri Lanka) PLC, has offered to sell its controlling interest Empty Re: Singer (Sri Lanka) PLC, has offered to sell its controlling interest

    Post by slstock Fri May 08, 2015 11:04 am

    Has anyone really analysed or understood what this news says Wink


    I logged on to make this comment for public info as the news is public info Wink






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    Singer (Sri Lanka) PLC, has offered to sell its controlling interest Empty Re: Singer (Sri Lanka) PLC, has offered to sell its controlling interest

    Post by jiggysaurus Fri May 08, 2015 11:26 am

    Ayyo warade backside headline ne, as Malan says this is the foreign BV dumping stakes to local PLC. SINS will have to spend money to buy.
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    Singer (Sri Lanka) PLC, has offered to sell its controlling interest Empty Re: Singer (Sri Lanka) PLC, has offered to sell its controlling interest

    Post by RPPA Fri May 08, 2015 11:28 am

    slstock wrote:Has anyone really analysed or understood what this news says  Wink


    I logged on to make this comment for public info as the news is public info Wink





    SINS will become the ultimate parent company of SINI & REG. So SINS will be the beneficiary.
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    • Post n°7

    Singer (Sri Lanka) PLC, has offered to sell its controlling interest Empty Re: Singer (Sri Lanka) PLC, has offered to sell its controlling interest

    Post by slstock Fri May 08, 2015 11:31 am

    Jiggy, aren't you happy about this outcome with the "palindrome" in the light Wink



    jiggysaurus wrote:Ayyo warade backside headline ne, as Malan says this is the foreign BV dumping stakes to local PLC. SINS will have to spend money to buy.


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