The Group achieved a record Profit Before Tax of LKR 10.4 billion, for the twelve months ended 31st December 2021 – a growth of 38% compared to the previous year, despite the challenging operating environment experienced during the period. The Group recorded a Profit after tax growth of 65% supported by the decrease in the corporate tax rate. Business Growth The […]
The Group achieved a record Profit Before Tax of LKR
10.4 billion, for the twelve months ended 31st December
2021 – a growth of 38% compared to the previous year, despite the challenging
operating environment experienced during the period. The Group
recorded a Profit after tax growth of 65% support
Nations Trust Bank Unlisted Debenture oversubscribed upon opening island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening
July, 27, 2021
Applications aggregate LKR 5 Bn, exceeding initial offer value by LKR 2 Bn
Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. Structured, managed and placed internally;the Bank planned to raise up to LKR 3 Bn through the issue of 30 million Unlisted, Rated, Unsecured, Senior, Redeemable Debentures at the par value of LKR 100 each.
Approved by the Securities and Exchange Commission of Sri Lanka and announced in June 2021, the issue was structured by Nations Trust Bank’s Structured Finance Unit and its Management and Placement was done by the Bank’s Treasury Unit. The Bank had options to issue up to a further 10 million debentures valued up to LKR 1 billion, in the event of an oversubscription of the initial issue, and succeeded in exceeding the initial offer value by LKR 2 Bn.
SEBI Imposes ₹ 25 Crore Penalty On Mukesh Ambani, Anil Ambani & Family For livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.