Sampath proceeds with Rs 1.7 b Rights Issue
Funds for branch expansion and increasing lending
portfolio:
Sampath Bank PLC will now proceed with its Rs.
1.7 billion Rights Issue where one share for every four shares will
be offered at Rs. 100 each.
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Charity tea auction collects Rs. 7.2 m
The first ever Charity Tea Auction of the Ceylon
Specialty Tea and award ceremony in Sri Lanka held at the Chamber of
Commerce Auditorium on Wednesday collected an attractive Rs. 6.2
million within 25 minutes.
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MTD Walkers gains in confidence
MTD Walkers Plc successor to Kapila Heavy
Equipment Plc, which recorded a net profit of Rs 39 million after
five years are looking for diversification with the acquiring and
venturing into new business ventures.
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