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USD 80 million private placement by JKH in fund-raising bid with ADB

The Board of Directors of John Keellls Holdings has resolved to raise funds through a private placement for a maximum cumulative amount of the Sri Lanka rupee equivalent of USD 80 million to the Asian Development Bank through issuance of up to a maximum of 122,500,000 new ordinary shares of the company in two phases, […]
Sri Lanka Sri Lankan Renuke Wijayawardhane Gihan Cooray Securities Exchange Commission Colombo Stock Exchange
Source: island.lk

ADB to take 8.5-pct stake in JKH via USD80Mn investment

John Keells Holdings PLC (JKH) yesterday announced the Asian Development Bank (ADB) will be taking up a 8.5 percent stake via a private placement with an investment of US 80 million dollars via two phases. JKH said its Board of Directors resolved to raise funds through a private placement for a m
Sri Lanka Sri Lankan Securities Exchange Commission Colombo Stock Exchange John Keells Holdings Asian Development Bank

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