Saturday 27 September 2014

Asiri Central Hospitals changes from ‘PLC’ to ‘Limited’

Following the shares of Asiri Central Hospitals PLC being de-listed from the official list of the Colombo Stock Exchange, the name of the company is to be changed to Asiri Central Hospitals Limited in accordance with the Companies Act of Sri Lanka.

At the Annual general Meeting on 25 September the company authorized the sale of its land and premises at No. 37, Horton Place, Colombo 07 to Ms. P.P.M. Edwards for a consideration of Rs. 2.6 billion.

The shareholders of Asiri Central Hospitals PLC also resolved to appoint Ernst & Young Chartered Accountants as the Auditors of the Company.
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Arpico Finance to repurchase shares in Alfinco Insurance Brokers

Arpico Finance Company PLC has decided to accept the offer by Alfinco Insurance Brokers (Pvt) Limited to repurchase the shares held by Arpico Finance Company PLC in Alfinco Insurance Brokers (Pvt) Limited for Rs. 186,100,000 which amount has been independently arrived at by KPMG as being fair.

All necessary regulatory approvals have been obtained.

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