The Board of Directors of Blue Diamonds Jewellery Worldwide has resolved to issue 103,300,891 Ordinary Voting Shares and 153,369,800 Ordinary Non-Voting Shares by way of Rights.
The proportion in which Shares are to be issued is set to be in the ratio of One Ordinary Voting Shares for every One Ordinary Voting Shares and One Ordinary Non-Voting Share for every exiting One Ordinary Non Voting Share. The consideration for which the shares are to be issued will be Rs. 1.30 per Ordinary Voting Share and Rs. 0.75 per Ordinary Non-Voting Share.
The current stated capital of the Company of Rs. 208,40l,543 is divided into 103,300,891 Ordinary Voting Shares and 153,369,800 Ordinary Non-Voting Shares. The proceeds of this issue will be utilized towards the establishment of a research and development unit, the establishment of a global design centre, investing in new machinery, for marketing and international trade fair participation.
Blue Diamonds is the largest diamond jewellery manufacturer and exporter from Sri Lanka. BDJW was established in 1991 as a Board of Investment (BOI) approved project and is situated at the Katunayake Export Processing Zone (KEPZ).
www.dailynews.lk
The proportion in which Shares are to be issued is set to be in the ratio of One Ordinary Voting Shares for every One Ordinary Voting Shares and One Ordinary Non-Voting Share for every exiting One Ordinary Non Voting Share. The consideration for which the shares are to be issued will be Rs. 1.30 per Ordinary Voting Share and Rs. 0.75 per Ordinary Non-Voting Share.
The current stated capital of the Company of Rs. 208,40l,543 is divided into 103,300,891 Ordinary Voting Shares and 153,369,800 Ordinary Non-Voting Shares. The proceeds of this issue will be utilized towards the establishment of a research and development unit, the establishment of a global design centre, investing in new machinery, for marketing and international trade fair participation.
Blue Diamonds is the largest diamond jewellery manufacturer and exporter from Sri Lanka. BDJW was established in 1991 as a Board of Investment (BOI) approved project and is situated at the Katunayake Export Processing Zone (KEPZ).
www.dailynews.lk
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