Wednesday 27 April 2016

Amana Takaful to raise Rs 200 mn

Amana Takaful Plc is to raise around Rs 200 million via a right issue of shares to raise funds to meet the regulatory capital requirement in terms of risk based capital rules issued by the Insurance Board of Sri Lanka (IBSL).

The company will issue 300,000, 216 ordinary shares at Rs .0.70 cents each in the ratio of one for every five existing shares. The current stated capital of the entity is Rs.1,650,001,188 .(IH)
www.dailynews.lk

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