Tuesday 26 April 2016

Chevron goes for sub-division

The Board of Directors of Chevron Lubricants Lanka has resolved to increase the number of shares by way of a sub-division of each existing ordinary share (1) to two (2) ordinary shares.

At the conclusion of the proposed sub division, the number of shares currently in issue will increase from 120,000,000 shares to 240,000,000 shares. There will be no change to the stated capital of the company.The increase of shares by way of a sub division is subject to shareholder approval at a General Meeting.
www.dailynews.lk

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