Ceylon FT: Vallibel Finance PLC is planning to raise Rs 250 million via a debenture issue next month, hoping to double the take upon over subscription.
According to latest available data, the company reported a net profit of Rs 135.8 million during the six months ended June 2013, up 5.6% from a year ago.
In a statement to the market, the Colombo Stock Exchange... ... said the Dhammika Perera controlled Vallibel Finance would issue 2.5 million unsecured, subordinated, redeemable debentures at Rs 100 each, with an option to double the issue.
The debenture issue opens on 11 February 2014.
The debenture issue opens on 11 February 2014.
According to latest available data, the company reported a net profit of Rs 135.8 million during the six months ended June 2013, up 5.6% from a year ago.
http://ceylontoday.lk/22-54188-news-detail-vallibel-finance-in-rs-250m-debt-issue.html
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