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Aug-17-2017

Stock Watch

May 18

May 18, 2015 (LBO) - Sri Lanka's stocks closed lower at 0.05 percent with the prevailing political uncertainty affecting investor sentiment, brokers said.

Debt Issue

May 18

May 18, 2015 (LBO) - Sri Lanka, Singer PLC, is to issue 20,000,000 rated senior unsecured redeemable debentures at an issue price of 100 rupees per share, the company said in a filing to Colombo Stock Exchange.

Power Abuse

May 18

May 18, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena said that there won’t be any room left for the misuse of power and past incidents would be rectified.

Monkey Kingdom

May 18

May 18, 2015 (LBO) – Sri Lanka tourism promotion office says, the Island is expecting a US tourism boom following the recently produced Disney documentary movie “Monkey Kingdom’s ticket sales crossing 14.3 million US dollars as at day 28 in United States.

Mergers

May 18

May 18, 2015 (LBO) - Sri Lanka's DFCC Bank and its subsidiary DFCC Vardhana Bank had decided to merge and is seeking the support of the Central Bank, the firm said in a stock exchange filing.

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