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Softlogic Finance rights issue to raise over Rs. 2.2 bn

Softlogic Finance rights issue to raise over Rs. 2.2 bn
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Softlogic Finance to Raise over Rs. 2.2 Bn in Rights Issue - Adaderana Biz English

Softlogic Finance to Raise over Rs. 2.2 Bn in Rights Issue
May, 13, 2021
Sights set on aggressive multifaceted business expansion
Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, is all set to launch a Rights Issue to raise over Rs. 2.2 billion in a bid to infuse fresh capital for business expansion with a focus on the company’s future growth. The rights issue will see Five (5) new Ordinary Shares issued for every Six (6) existing Ordinary Shares held by shareholders for Rs. 10/- per new share.
The infusion will strengthen the Company’s Tier 1 Capital, based on its forecasted Business Expansion Programme during the Financial Year 2021/2022. Further, it will be in compliance with the Capital Adequacy Requirements up to 1 ....

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LOLC designates 'LOLC Ceylon Holdings' to attract large foreign investors to its finance companies - Adaderana Biz English

LOLC designates 'LOLC Ceylon Holdings' to attract large foreign investors to its finance companies - Adaderana Biz English
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Sri Lanka , Development Finance , Exchange Commission Of Sri Lanka , Bank Financial Institution Of The Central , Ceylon Holdings Limited , Colombo Stock Exchange , Department Of Supervision Non , Holdings Limited , Commercial Leasing , Exchange Commission , Non Bank Financial Institution , Central Bank , ஸ்ரீ லங்கா , வளர்ச்சி நிதி , பரிமாற்றம் தரகு ஆஃப் ஸ்ரீ லங்கா , வங்கி நிதி நிறுவனம் ஆஃப் தி மைய , சிஇஒய்எல்ஓஎன் ஹோல்டிங்ஸ் வரையறுக்கப்பட்டவை , கொழும்பு ஸ்டாக் பரிமாற்றம் , துறை ஆஃப் மேற்பார்வை அல்லாத , ஹோல்டிங்ஸ் வரையறுக்கப்பட்டவை , வணிகரீதியானது குத்தகை , பரிமாற்றம் தரகு , அல்லாத வங்கி நிதி நிறுவனம் , மைய வங்கி ,