The Monetary Board of the Central Bank of Sri Lanka by their letter dated August 7, 2014 has approved the acquisition of Bartlett Finance (BFP) by Janashakthi Ltd (JL) on behalf of Orient Finance PLC (OF P) and subsequent amalgamation of BFP with OFP subject to the compliance with the statutory requirements of Securities and Exchange Commission of Sri Lanka, Colombo Stock Exchange, Companies Act No.7 of 2007, Finance Business Act No.42 of 2011 and other relevant statutes.
The shareholders of both entities are to be be informed about this acquisition.
The Board of Bartleet Finance is aware that pursuant to negotiations Bartleet Transcapital Limited has reached agreement with Janashakthi Limited to sell 86.79% of the issued and fully paid share capital of Bartleet Finance PLC.
www.dailynews.lk
The shareholders of both entities are to be be informed about this acquisition.
The Board of Bartleet Finance is aware that pursuant to negotiations Bartleet Transcapital Limited has reached agreement with Janashakthi Limited to sell 86.79% of the issued and fully paid share capital of Bartleet Finance PLC.
www.dailynews.lk
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