2 sources
Senkadagala Finance announces Rs. 1.03 bn rights issue to boost growth
Senkadagala Finance PLC is planning a rights issue to raise approximately Rs. 1.03 billion. The move is designed to fuel the financial s
Summary
The infusion of capital will also serve to strengthen the company's capital base and help maintain healthy capital adequacy levels as it pursues its medium-term strategic goals. The Core Capital Ratio was also strong at 19.67 %, against a required minimum of 8.5 %. Shares in Senkadagala Finance PLC closed yesterday on the Colombo Stock Exchange at Rs.1,194.75, a drop of 8.1%.
What this story is about
Organisations
- Central Bank of Sri Lanka
- Senkadagala Finance PLC
- Colombo Stock Exchange
- Senkadagala Finance
Places
- Colombo2
- Sri Lanka
Keywords
- rights2
- issue2
- raise2
- announces
- looking
- growth
- rupees
- shares
- boost
- rs1bn
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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