Though trading of Ascot Holdings PLC shares was suspended this morning due to a discrepancy in the notice issued to the Colombo Stock Exchange (CSE), trading has resumed again by now.
A CSE spokesman told adaderanabiz.lk that trading resumed since the discrepancy had been rectified.
Meanwhile, Ascot Holdings PLC states that it is to issue shares with attached warrants by way of a rights issue to construct a hotel in the Yala region.
Ascot Holdings is to issue 3.9 million shares in the proportion of one new ordinary share at Rs. 12.50 each for every two existing ordinary shares.
Apart from this, 998,188 share warrants are to be issued at Rs. 25.00 each.
Upali Mendis was appointed recently as chairman of Ascot Holdings PLC and in January 2013 Ascot Holdings bought 80% shares of the concrete block manufacturing entity Amtrad Limited for Rs. 6.2 million.
www.adaderana.lk
A CSE spokesman told adaderanabiz.lk that trading resumed since the discrepancy had been rectified.
Meanwhile, Ascot Holdings PLC states that it is to issue shares with attached warrants by way of a rights issue to construct a hotel in the Yala region.
Ascot Holdings is to issue 3.9 million shares in the proportion of one new ordinary share at Rs. 12.50 each for every two existing ordinary shares.
Apart from this, 998,188 share warrants are to be issued at Rs. 25.00 each.
Upali Mendis was appointed recently as chairman of Ascot Holdings PLC and in January 2013 Ascot Holdings bought 80% shares of the concrete block manufacturing entity Amtrad Limited for Rs. 6.2 million.
www.adaderana.lk
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