The mandatory offer made to PCH Holdings PLC by Adams Investments Limited has been suspended following a letter by the Securities and Exchange Commission of Sri Lanka (SEC).
The suspension will be in force till the final court determination of the case.
On 14 August, after considering all the facts court allowed Adams Investments Limited to suspend or freeze the mandatory offer made to take over PCH Holdings PLC till the final determination of court on the ownership of Bieco Link Carbons Private Limited is made known.
www.adaderana.lk
The suspension will be in force till the final court determination of the case.
On 14 August, after considering all the facts court allowed Adams Investments Limited to suspend or freeze the mandatory offer made to take over PCH Holdings PLC till the final determination of court on the ownership of Bieco Link Carbons Private Limited is made known.
www.adaderana.lk
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