Janashakthi Insurance plans to raise Rs .3.3 billion by way of a rights issue. The company will issue 181.5 million ordinary shares at Rs 18.50 each in the ratio of one for every two shares.
The proceeds of the right issue will be utilized to support the future expansion plans of the insurance business of the company.
www.dailynews.lk
The proceeds of the right issue will be utilized to support the future expansion plans of the insurance business of the company.
www.dailynews.lk
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