Under the Sri Lanka Central Bank’s master plan to consolidate the financial sector companies, Janashakthi PLC, earlier known as Janashakthi Limited, which had controlling interests over Orient Finance PLC, has entered into an agreement with Bartleets Transcapital Limited to acquire 86.79 per cent or 6,639,998 issues ordinary share capital of Bartleet Finance PLC with the aim of amalgamating Orient Finance PLC with Bartleet Finance PLC.
Janashakthi Limited has acquired 86.79 per cent shares of Bartleet Finance PLC on 22 January 2015 and thus holds 99.78 per cent voting rights of the company.
www.adaderana.lk
Janashakthi Limited has acquired 86.79 per cent shares of Bartleet Finance PLC on 22 January 2015 and thus holds 99.78 per cent voting rights of the company.
www.adaderana.lk
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