Sunday 28 June 2015

First Capital realizes Rs. 23 mn. capital gain selling 25% of Orient Finance

First Capital Holdings PLC has accepted an offer of Rs. 432.75 million made by Bartleet Finance PLC to purchase its 25% stake in Orient Finance PLC, First Capital said in a Stock Exchange filing on Friday.

First Capital will realize a capital gain of Rs. 23.24 million on the deal based on its carrying value as at March 31, 2015.
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