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Sebi gives norms for compliance with 25% minimum public holding rules

Markets regulator Sebi on Tuesday provided methods such as an offer for-sale mechanism, rights issue and issuance of bonuses to unitholders of REITs and InvITs to achieve compliance with the 25 per cent minimum public holding requirement. ....

Real Estate Investment Trust Or Inv , Real Estate Investment Trust , Minimum Public Holding ,

Prime Finance raises Rs. 526.68 m

Chairman Brahmanage Premalal
Prime Finance PLC, a member of the Prime Group, has raised Rs. 526.68 million through its fully subscribed Rights Issue in December.
With the conclusion of the Rights Issue, the core capital of the company is now over Rs. 2.1 billion, well above the stipulated regulatory minimum. The Minimum Public Holding requirement has increased to 11.86%.
The Company has been assigned with an issuer rating of [SL] BBB- (triple B minus) with a stable outlook by ICRA Lanka Limited, subsidiary of ICRA Limited, a group Company of Moody’s Investors Service. ....

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Prime Finance raises Rs. 526.68 mn capital

Prime Finance raises Rs. 526.68 mn capital
dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.

Sri Lanka , Monetary Board Of Central Bank , Public Holding , Company Of Moody Investors Service , Listing Rules Of The Colombo Stock Exchange , Core Capital Of The Company , Prime Finance , Prime Group , Rights Issue , Licensed Finance Company , Monetary Board , Central Bank , Real Estate Business , Best Property Developer , Property Guru Asia Awards , Core Capital , Minimum Public Holding , Listing Rules , Colombo Stock Exchange , Finance Company , Finance Business Act Guidelines , ஸ்ரீ லங்கா , பண பலகை ஆஃப் மைய வங்கி , பொது வைத்திருத்தல் , நிறுவனம் ஆஃப் மனநிலை முதலீட்டாளர்கள் சேவை , பட்டியல் விதிகள் ஆஃப் தி கொழும்பு ஸ்டாக் பரிமாற்றம் ,

Prime Finance raises Rs. 527mn via rights issue to meet core capital requirements

Prime Finance PLC, a member
of the Prime Group, announced that it raised capital of Rs. 526.68 million
following the successful conclusion of its fully subscribed Rights Issue in
December 2020.
Prime Finance PLC is a
Licensed Finance Company by the Monetary Board of Central Bank of Sri Lanka (CBSL)
which provides personal and business finance solutions. The Company offers
fixed deposits, savings deposits, leasing, vehicle loans, mortgage loans, and
real estate development and related services.
The Company is assigned
with an issuer rating of [SL] BBB- (Pronounced SL triple B minus) with a stable
outlook by ICRA Lanka Limited, subsidiary of ICRA Limited, a group Company of ....

Sri Lanka , Monetary Board Of Central Bank , Public Holding , Company Of Moody Investors Service , Listing Rules Of The Colombo Stock Exchange , Core Capital Of The Company , Prime Finance , Prime Group , Rights Issue , Licensed Finance Company , Monetary Board , Central Bank , Core Capital , Minimum Public Holding , Listing Rules , Colombo Stock Exchange , Sri Lanka Business News , Sri Lanka Finance News , Lanka Business Online , ஸ்ரீ லங்கா , பண பலகை ஆஃப் மைய வங்கி , பொது வைத்திருத்தல் , நிறுவனம் ஆஃப் மனநிலை முதலீட்டாளர்கள் சேவை , பட்டியல் விதிகள் ஆஃப் தி கொழும்பு ஸ்டாக் பரிமாற்றம் , கோர் மூலதனம் ஆஃப் தி நிறுவனம் , ப்ரைம் நிதி ,

Fully subscribed Rights Issue of Prime Finance bolsters its core capital - Adaderana Biz English

Fully subscribed Rights Issue of Prime Finance bolsters its core capital
January, 20, 2021
Prime Finance PLC, a member of the Prime Group, announced that it raised capital of Rs. 526.68 million following the successful conclusion of its fully subscribed Rights Issue in December 2020.
Prime Finance PLC is a Licensed Finance Company by the Monetary Board of Central Bank of Sri Lanka (CBSL) which provides personal and business finance solutions. The Company offers fixed deposits, savings deposits, leasing, vehicle loans, mortgage loans, and real estate development and related services.
The Company is assigned with an issuer rating of [SL] BBB- (Pronounced SL triple B minus) with a stable outlook by ICRA Lanka Limited, subsidiary of ICRA Limited, a group Company of Moody’s Investors Service. ....

Sri Lanka , Monetary Board Of Central Bank , Public Holding , Company Of Moody Investors Service , Listing Rules Of The Colombo Stock Exchange , Core Capital Of The Company , Prime Finance , Prime Group , Rights Issue , Licensed Finance Company , Monetary Board , Central Bank , Real Estate Business , Best Property Developer , Property Guru Asia Awards , Core Capital , Minimum Public Holding , Listing Rules , Colombo Stock Exchange , Finance Company , Finance Business Act Guidelines , ஸ்ரீ லங்கா , பண பலகை ஆஃப் மைய வங்கி , பொது வைத்திருத்தல் , நிறுவனம் ஆஃப் மனநிலை முதலீட்டாளர்கள் சேவை , பட்டியல் விதிகள் ஆஃப் தி கொழும்பு ஸ்டாக் பரிமாற்றம் ,