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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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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyFri Jul 19, 2024 10:30 am by faithhharris

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

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» SAMP.N0000 (Sampath Bank PLC)
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» Banks, Finance & Insurance Sector Chart
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» VPEL.N0000 (Vallibel Power Erathna PLC)
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» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
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» WATA - Watawala
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» Capital Trust Broker in difficulty?
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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
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» What Industry Would You Choose to Focus?
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» Should I Stick Around, or Should I Follow Others' Lead?
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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    People’s Bank to make mandatory offer for People’s Merchant Finance shareholders

    First Guy
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22
    • Post n°1

    People’s Bank to make mandatory offer for People’s Merchant Finance shareholders Empty People’s Bank to make mandatory offer for People’s Merchant Finance shareholders

    Post by First Guy Tue Jul 07, 2015 7:35 am

    July 06, 2015 (LBO) – Sri Lanka People’s Bank and People’s Leasing and Finance is to make a mandatory offer to the remaining shareholders of People’s Merchant Finance following a joint share acquisition, People’s Bank said.

    People’s Bank and People’s Leasing and Finance on 03 July 2015 has acquired a total of 6,461,543 ordinary shares at a price of 22.00 rupees per share representing 9.57 percent of the voting rights in People’s Merchant Finance.

    Following the acquisition, the People’s Bank and People’s Leasing and Finance currently own 32,921,519 voting shares or 48.77 percent of People’s Merchant Finance triggering a mandatory offer to the remaining shareholders of People’s Merchant Finance.

    http://www.lankabusinessonline.com/peoples-bank-to-make-mandatory-offer-for-peoples-merchant-finance-shareholders/
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